Reviewing the financial statements of major public companies, it's not uncommon to come across a statement of "pro-forma earnings." In some cases, pro-forma earnings will outperform the business's ...

You'd think unprofitable Internet companies have had enough to worry about this year, what with investors showing absolutely no interest in buying their stocks. But now, U.S. securities regulators are ...

Financial statements provide business owners and their lenders and investors with significant information regarding the business' financial health and stability and its ability to manage operations ...

The U.S. Securities and Exchange Commission is investigating several companies for possible deception through the use of pro forma financial results, the SEC's chief accountant said this week. The big ...

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 ...

Each quarter every publicly owned company must issue a report card describing profits, losses, sales and other crucial results. It's supposed to be information investors can take to the bank. What ...

If you read many financial statements, you'll likely run across the term "pro forma." It's a bit problematic. It used to reflect some somewhat helpful calculations, but it's now commonly used in a ...