The official business definition of Pro Forma Vs Proforma is an important concept to understand when running a successful business.
Pro forma is a document or statement that provides a forecast of a company’s anticipated future financial position. The information provided in the Pro Forma is used to develop a business plan, forecast future earnings, and assess the financial health of the company.
On the other hand, Proforma is an accounting statement that is prepared to reflect the actual financial performance of a company. Proforma statements are used to compare current and past performance, analyze trends, and make strategic decisions.
Pro forma statements are forward-looking documents that provide an overview of the projected financial position of a company. It is based on anticipated future events and activities, and is used to help companies plan for the future. Proforma statements are more focused on the past and present.