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How to create & use pro forma statements

Cube Software

They're constructed to answer specific questions relevant to one or more of the financial statements. Pro forma income statement The income statement (also known as the profit & loss or P&L statement) mainly evaluates revenue and operating expenses, along with other metrics related to each like cost of goods sold (COGS) or net income.

GAAP 40
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Transcript: Mathieu Chabran

Barry Ritholtz

And so we go back to the basics of what our job should be, risk underwriting, risk assessment, asset prices are different from asset valuation. I mean the valuation is the future cash flow discounted at a risk-free rate plus a risk premium. So as the market and the industry restructure, we’ll certainly be very opportunistic.