Reporting pro forma earnings, a practice favored by many technology companies, has come under the gun recently, attacked by investors, the media and the U.S. Congress. And now the makers of accounting ...

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...

Eager to avoid even a whiff of financial impropriety, 3Com Corp. executives said Monday they will stop using pro forma accounting, considered by critics an artificial way to spruce up profit. The ...

Until recently, pro forma results had a well-understood and limited use. Most companies used pro forma accounting only to adjust previously reported financial statements so they could be directly ...

Reporting pro forma earnings, a practice favored by many technology companies, has come under the gun recently, attacked by investors, the media and the U.S. Congress. And now the makers of accounting ...

When reporting earnings to the press, the Big 3 EDA firms (Cadence Design Systems, Synopsys and Mentor Graphics) emphasize “pro forma” accounting, which treats their corporate acquisitions as one-time ...

(Bloomberg) Public companies in the U.S. are doing more to burnish the results they present to investors than ever before. It isn’t working. That’s according to new research by Sanford C. Bernstein & ...

The pro forma financials and accompanying explanatory notes were provided as Exhibit 99.1 to the 8-K filing. The company stated that these financials give effect to both the plan of reorganization and ...

On May 21, 2020, the Securities and Exchange Commission (the “SEC”) adopted amendments to the financial disclosure requirements in Regulation S-X (the SEC’s accounting rules for the form and content ...

As far as “fuzzy math” goes, President Bush has it all wrong. Politicians aren't in the same league as a growing band of technology executives. Both groups could pay a high price for their shenanigans ...

Reporting pro forma earnings, a practice favored by many technology companies, has come under the gun recently, attacked by investors, the media and the U.S. Congress. And now the makers of accounting ...