Writing pro forma projections is not a matter of gazing into a crystal ball and foreseeing the future. Rather, pro formas are only useful to the extent that they touch down and connect with reality, ...

Entrepreneurs usually create pro forma statements to project future financial returns from new business ventures. Pro forma statements are commonly included in the entrepreneur's business plan. These ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J. Brock is a CFA and CPA with more than 20 years of ...