Projected financial statement
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Projected financial statement (alternatively known as pro forma financial statement) is a financial statement that shows how an actual statement would look if certain assumptions are realized.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Projected financial statement (pro forma financial statement). Shows how an actual statement would look if certain assumptions are realized.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
