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The term pro forma (Latin for "as a matter of form" or "for the sake of form") is most often used to describe a practice or document that is provided as a courtesy or satisfies minimum requirements, conforms to a norm or doctrine, tends to be performed perfunctorily or is considered a formality.
Prospective financial information, including financial forecasts and projections, is the focus of AT-C section 305. [28] Pro forma financial information is the focus of AT-C section 310. [29] Compliance or an assertion of compliance regarding laws, regulations, rules, contracts, or grants, is the focus of AT-C section 315. [30]
[citation needed] The Fenway deal was giving a pro forma financial stake of $14,423,790 to the Trump Oil Corporation in the Palawan exploitation rights held by Fenway. [5] In 1999, the Trump Oil Corporation reported $2,500 in sales, and around $20,000 in losses. [6] The same year it acquired the Colorado-based company 20/20 Web Design. [1]
Financial analyst generally, and esp. § Qualification, discussing various investment, banking, and corporate roles (i.e. financial management, corporate finance, investment banking, securities analysis & valuation, portfolio & investment management, credit analysis, working capital & treasury management; see Financial modeling § Accounting)
A financial plan is a combination of the individual financial statements and reflect all categories of transactions (operations & expenses & investing) over time. [4] Some period-specific financial statement examples include pro forma statements (historical period) and prospective statements (current and future period).
DETROIT (Reuters) -General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the ...