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Re: sawtrader post# 34466

Tuesday, 08/08/2006 3:18:43 PM

Tuesday, August 08, 2006 3:18:43 PM

Post# of 311075
Pro forma & Harry von Zell - SWKJ is now SBDN

Pro forma financial statements could be designed to reflect a proposed change, such as a merger or acquisition, or to emphasize certain figures when a company issues an earnings announcement to the public.

Investors should heed caution when reading a company's pro-forma financial statements, as the figures may not comply with generally accepted accounting principles (GAAP). In some cases, the pro-forma figures may differ greatly from the those derived from GAAP.

http://www.investopedia.com/terms/p/proforma.asp