ProShares Definition

ProShares Definition

What Is ProShares? ProShares, a division of ProFunds, manages various investment funds and has combined assets under management of over $60 billion. This makes it a small investment company compared to giant managers that have trillions in assets under management (AUM). Nonetheless, ProShares offers unique funds that track various indices and asset classes. The company has dozens

What It Approach and Simple easy methods to Create Skilled Forma Financial Statements

What It Approach and Simple easy methods to Create Skilled Forma Financial Statements

What Is Pro Forma? Pro forma means “for the sake of form” or “as a matter of form.” When it appears in financial statements, it indicates that a method of calculating financial results using certain projections or presumptions has been used. Pro forma financials are not computed using generally accepted accounting principles (GAAP) and usually leave

Skilled-Forma Forecast Definition

Skilled-Forma Forecast Definition

What Is a Pro-Forma Forecast? A pro-forma forecast is a financial forecast based on pro-forma income statements, balance sheets, and cash flow statements. Pro-forma forecasts are usually created from pro-forma financial statements and are forecasted using basic forecasting procedures. When making these forecasts, revenues will usually provide the initial groundwork for the forecast, and expenses