pro forma


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Related to pro forma: Pro Forma Balance Sheet

pro forma

A general term for a fill-in-the-blank form—e.g., in diagnostic pathology—which can serve as an aide memoire of items that must be included in a final report to maximise its utility to end users.
References in periodicals archive ?
An engagement to compile pro forma financial information may be undertaken as a separate engagement or in conjunction with a compilation of financial statements.
Explain why investors should care about the pro forma--For investors to properly evaluate pro forma measures, they have to understand its purpose, so it's important that management provide investors with a rationale for the use of these measures (i.
Researchers only recently began exploring market perceptions of pro forma numbers compared with GAAP earnings figures.
However, if another company does not exclude a similar item when providing pro forma earnings, an unsophisticated investor might be misled.
The requisite transparency is directly linked to another facet of presenting pro forma information: reconciliation to GAAP-based earnings.
Many company managers have asserted, and the SEC has agreed, that pro forma reports can provide useful management interpretation of financial results, similar to management's discussion and analysis (MD&A).