pro forma statement |
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Definition
Projected or estimated financial statement that attempts to present a reasonably accurate idea of what a firm's financial situation would be if the present trends continue or certain assumptions hold true. Pro forma statements are used routinely in preparing 'what if' scenarios, formulating business plans, estimating cash requirements, or when submitting financing proposals. Also called projected statement.
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pro forma statement is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
pro forma statement appears in the definition of the following term: projected statement
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