pro-forma in the Finance topic by Longman Dictionary of Contemporary English | LDOCE | What you need to know about Finance: words, phrases and expressions | Finance
The term "pro forma" comes from Latin, meaning "as a matter of form" or "for the sake of formality." In the context of business and finance, pro forma refers to financial statements that are based on certain assumptions or projections rather than actual data. These statements are often us...
While finance focuses on forward-looking projections, accounting relies on historical data—pro forma financial statements help bridge the gap between the two. Accounting software with advanced accounting capabilities, like QuickBooks, can help here....
Pro forma is a Latin term meaning “for the sake of form.” Pro forma statements require business owners, directors and managers to spend time planning and estimating the potential profits from current or planned business operations. Many entrepreneurs andsmall businessowners prepare these statements ...
“Pro forma” literally means “as a matter of form.” In finance, this matter of form forecasts the future based on the present, using hypothetical budgeting. Pro forma data estimates are built in to show the company’s profits if certain, one-time items are taken out. Anything the ...
词汇Finance-topic pro-forma 释义请查阅词条:pro-forma 随便看 be in control (of something) be in doubt (be) in evidence be in for it be in for something being be in/get into a state be in, go into, etc. raptures (about/over somebody/something) ...
Pro forma, a Latin term meaning "as a matter of form," is applied to the process of presenting financial projections for a specific time period in a standardized format. Businesses use pro forma statements for decision-making in planning and control, and for external reporting to owners, ...
Our country recognizes accountant the criterion request, the profit which in the enterprise finance report form responded must real reliable, however some enterprises can in the sedulously adjustment finance report form profit, realize this enterprise real benefit maximization.[translate] ...
The SEC staff has published extensive interpretive guidance relating to pro forma financial information (e.g., Topic 3 of the Division of Corporation Finance Financial Reporting Manual). Much of the guidance was issued prior to the adoption of SEC Release 33-10786. Care should b...
--Genius Group Limited, a leading entrepreneur edtech and education group, today announced its financial results for the full year 2022.. Revenue growth of 119% to $18.2 million in 2022 from 2021 revenues of$ 8.3 million Revenues on pro-forma basis of $2