Proforma

Proforma

Proforma

oboloo’s Glossary

Proforma is a business term used to describe the estimated future financial performance of a company. It is an unofficial prediction that provides insight into how the organization might perform under certain economic conditions, and can be used for decision-making purposes. Proforma statements are created by analyzing the current state of the business and making assumptions about future trends. The purpose of a proforma statement is to provide meaningful information to potential investors, creditors, and other stakeholders.