Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...

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 ...

Discover the differences, advantages, and drawbacks of single-step vs. multiple-step income statements for better financial ...

Entrepreneurs usually create pro forma statements to project future financial returns from new business ventures. Pro forma statements are commonly included in the entrepreneur's business plan. These ...

Each quarter every publicly owned company must issue a report card describing profits, losses, sales and other crucial results. It's supposed to be information investors can take to the bank. What ...

The SEC did not amend Form S-4 or Form F-4, and there are circumstances when those forms could still require three years of financial statements of the target. However, the changes to the significance ...

Pro-forma earnings are financial statements with hypothetical estimates that provide a "picture" of a company's profits if certain nonrecurring items are excluded. They may allow companies to ...

Accurate budgeting can make or break a business. An operating budget provides an overview of the costs of running your business, predicting your company's daily expenses and income. A pro forma -- ...