Business / Finance / Pro-Forma Financial Statements: A set of financial statements and other schedules that show projected results for a future period. They are called pro-forma financial statements because they have the form of financial statements, but are not prepared from actual operating results. The three major financial statements are the Income Statement, Balance Sheet, and Cash Flow Statement. For external reporting, these statements must conform to Generally Accepted Accounting Principles (GAAP).
Business / Finance / Financial Structure: The risk that the cash flow of an issuer will not be adequate to meet its financial obligations. Also referred to as the additional risk that a firm's stockholder bears when the firm uses debt and equ MORE
Business / Accounting / Financial Statements: Reports such as the balance sheet, income statement, and statement of cash flows, which summarize the financial status and results of operations of a business entity. MORE