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Calculating financial results using certain projections

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Question

Pro forma, Latin for "as a matter of form" or "for the sake of form", is a method of calculating financial results using certain projections or presumptions. Pro forma financials may not be GAAP compliant but can be issued to the public to highlight certain items for potential investors.

Do you feel that pro forma financials benefit companies ? Do you personally use this at your place of work or for personal use?

Reference no: EM133238883

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