Pro Forma Financial Statements Definition
pro forma
financial statements – n :
financial statements intended to represent the future financial performance of
a company; often prepared to represent the predicted financial performance of
company after a certain hypothetical or expected future event occurs. For
example, if a company is planning to acquire
another firm or to raise new capital, it will prepare pro forma financial
statements to represent what the combined entity will look like in terms of
anticipated financial structure and future performance. ------------------------------------------------------------
Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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