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Pro Forma Statements

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image for OpenScout resource :: Pro Forma Statements

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Pro forma, a Latin term meaning "as a matter of form," is applied to the process of presenting financial projections for a specific time period in a standardized format. Businesses use pro forma statements for decision-making in planning and control, and for external reporting to owners, investors, and creditors.

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Copyright © 2011 Advameg, Inc.