pro forma

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Pro Forma

As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma, in an appealable decree or judgment, usually means that the decision was rendered not on a conviction that it was right, but merely to facilitate further proceedings.

pro forma

1) prep. Latin for "as a matter of form," the phrase refers to court rulings merely intended to facilitate the legal process (to move matters along). 2) n. an accountant's proposed financial statement for a business based on the assumption that certain events occurred, such as a 20% increase in annual sales or 6% inflation.

pro forma

adjective as a matter of form, by course of conduct, by custom, by habit, by past practice, by trade and usage, by usage, ceremoniously, common, customary, for the sake of appearances, for the sake of form, formally, in due form, in set form, ritualistically, ritually, standard, usual
Associated concepts: pro forma decree, pro forma judggent, pro forma order
References in periodicals archive ?
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.
Provide a reconciliation--To understand the nature of the pro forma measure, it's important that investors recognize exactly how it differs from GAAP earnings.
Prepare pro forma on a consistent basis--To allow for a meaningful comparison of results over time, it's important that management determine pro forma earnings on a basis consistent with prior periods, or explain any changes in the composition of the pro forma earnings measure.