pro forma

(redirected from pro forma financial statement)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.

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 ?
A well-designed set of Pro Forma Financial Statements summarizes the information throughout your budget for managers, bankers, directors, and others making financial decisions regarding your business.
UNITED STATES STEEL CORPORATION AND CONSOLIDATED SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED PRO FORMA FINANCIAL STATEMENTS
Future installments of this budgeting series will include a brief discussion of each of the budgets used in a Master Budget: production, including direct materials, direct labor, and manufacturing overhead budgets; ending inventory budgets; selling and administrative budgets; a cash budget; and pro forma financial statements, including a Balance Sheet, Income Statement, and Statement of Cash Flows.
The amounts allocated to acquired assets and liabilities in the unaudited pro forma financial statements are based on management's preliminary valuation estimates.
Unaudited pro forma financial statements for the six-month period ended September 30, 2006 and for the fiscal year ended March 31, 2006 (the pro forma financial statements reflect the closing in December of Corgi's recent transactions, including the merger with Master Replicas, the acquisition of Cards Inc.
As required by SEC regulations, the newly combined companies will file pro forma financial statements reflecting the merger within 75 days.
The company will also file an amendment to that Form 8-K on or before March 31, 2006 to include additional information regarding CareGuide and the combined company, including historical financial statements of CareGuide and pro forma financial statements of the combined company.
Even though for purposes of COLGAAP historical pro forma information is not required, these pro forma financial statements are presented for comparison purposes.
Pursuant to SEC regulation, if the transaction closes, Bonanza Gold will file a current report on Form 8K describing the transaction and Left Behind Games and provide audited and pro forma financial statements for both companies.
NRG has also filed today a Form 8-K/A to update its previously filed pro forma financial statements in connection with these offerings and the Texas Genco acquisition.
In the pro forma financial statements included in the Form 8-K/A dated June 2, 2004, the Company recorded negative goodwill for the acquisition of Infotel.