A pro-forma forecast is based on income statements, balance sheet and statement of cash flow. Pro-forma projections do not typically follow Generally Accepted Accounting Principles (GAAP). There are ...

Entrepreneurs usually create pro forma statements to project future financial returns from new business ventures. Pro forma statements are commonly included in the entrepreneur's business plan. These ...

Accurate budgeting can make or break a business. An operating budget provides an overview of the costs of running your business, predicting your company's daily expenses and income. A pro forma -- ...

The past is often the best guide to the future – but unless past results are made clear, they cannot provide a realistic vision of the future. The value of any business enterprise rests on its ability ...

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the potential implications of each for investors.

Before purchasing a multifamily property, investors should create a pro-forma projection of the asset’s future income and expenses. Once complete, this document serves three important purposes. 1. It ...