What is the meaning of pro forma?

Answer Pro forma in the general sense means as a formality only, such as holding an election when there is only one candidate. In the financial sense it is a projection showing anticipated costs and reven... Read More »

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What is the meaning of a pro forma invoice?

A buyer and a seller can arrange a pro forma invoice in order to confirm their understanding of a transaction that will take place in the future.UsesA pro forma invoice can be used for customs purp... Read More »

What are pro forma disclosures?

Pro forma is a Latin term meaning "for the sake of form." In the investing world, in which the term is most commonly used, it is used to describe a projection of past, present and future financial ... Read More »

What is a pro forma session?

A pro forma session of Congress is a protocol used by both the House of Representatives and the Senate to satisfy obligations regarding the number of meetings each house must hold before going into... Read More »

What Is a Pro-Forma Appraisal?

In Latin pro-forma means according to form or for form's sake. The term is used in business and project planning to estimate "what if" scenarios. It is often used to create an estimate of the value... Read More »