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Accounting Research Tool
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Chapter 4 — Pro Forma Financial Information

4.1 Pro Forma Financial Information Required in SEC Filings

4.1 Pro Forma Financial Information Required in SEC Filings

To allow investors to understand and evaluate the impact of a transaction (or group of transactions), pro forma financial information depicts the accounting treatment for such transaction to show how it might have affected the registrant’s historical financial position and results of operations. Under Regulation S-X, Article 11, a registrant may be required to provide pro forma financial information in several circumstances, including those in which:
  • A significant business acquisition has occurred or is probable.
  • The disposition of a significant portion of a business has occurred or is probable.