Discover how pro-forma forecasts work, their benefits, and limitations. Learn to leverage these financial predictions using income statements, balance sheets, and cash flows.

Nobody has a crystal ball to tell the future, but a well-thought out pro forma can help you project to the best of your ability and explore different scenarios. A pro forma is simply a financial ...

A balance sheet is a type of financial statement that lists a company's assets, liabilities, and shareholders' equity. The assets should be in "balance" and equal the total liabilities and ...