A pro-forma forecast is based on income statements, balance sheet and statement of cash flow. Pro-forma projections do not typically follow Generally Accepted Accounting Principles (GAAP). There are ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Pro forma invoices display a price quote for a prospective sale, import or export of goods. These invoices are often used during negotiations to list the terms of an offer so the other party can agree ...

US reporting companies that are planning or have completed a significant acquisition of a business may need to file separate target financial statements and related pro forma financial statements ...

Businesses operate in the midst of uncertainty. Navigating through that requires making a large number of assumptions, and building models to guide you. Tax expenses eat up a significant amount of a ...