Pro Forma Income Statement Generator
Pro Forma Income Statement Generator. Pro Forma Income Statement (also known as pro forma profit and loss) means how the adjusted income statement will look like when certain assumptions like non-recurring items, restructuring costs etc were excluded or if a loss-making unit is discontinued. Pro forma income statements provide an important benchmark or budget for operating a business throughout the year.
Definition of Pro Forma Financial Statement A pro forma financial statement is one based on certain assumptions and projections (as opposed to the typical financial Therefore, it prepares a projected balance sheet, income statement, and statement of cash flows for each of the three financing options. Pro forma in this context means projected. Definition Preparation Procedure Pro Forma Income Statement Pro Forma Balance Sheet.
Regular income statements, sometimes called statement of financial performance , are exacting, in that they reflect the exact income figures your company had.
Pro forma income statements are projections of what a company's income statement will look like under different circumstances.
Pro forma financial statements are projected financial statements that are produced using several presumptions or projections. Business Excel Pro Forma Letters Teacher Resignation Intended For. An income statement or profit and loss statement is an essential financial statement where the key value reported is known as Net Income.