Jun 9, 2025 · From the Latin meaning "for the sake of form," pro forma generally means something done for the sake of appearances, or formality. Companies use pro forma financial statements to project the...

Nov 4, 2024 · Pro forma financial statements are a specific version of the statements that present an alternate reality to the company’s actual financials, based on a specific event that is under …

May 2, 2025 · A pro forma statement is a financial projection used to estimate the future financial position of a business. Unlike historical financial statements, which reflect past performance, pro …

What are pro forma financial statements? Projections that estimate a company’s future financial performance based on hypothetical scenarios. Running a small business comes with plenty of …

Apr 14, 2025 · What are Pro Forma Financial Statements? Pro forma financial statements are financial reports issued by an entity, using assumptions or hypothetical conditions about events that may have …

Jul 22, 2025 · Pro forma in finance is the creation and analysis of projected financial statements for future periods or hypothetical situations. These statements forecast a company’s financial …

Pro forma is actually a Latin term meaning “for form” (or today we might say “for the sake of form, as a matter of form”). When it comes to accounting, pro forma statements are financial reports for your …

Pro forma documents, in any form, are essentially like letters of intent, expressing what an invoice or transaction is anticipated to look like after completion. The documents are often used to express …

In business, pro forma has some special meanings; a pro forma invoice, for example, will list all the items being sent but, unlike a true invoice, won't be an actual bill.

Apr 18, 2022 · Pro forma means "as a matter of form”, that is a set of financial statements prepared using hypothetical transactions or scenarios.