Question: In this module, we learned the so-called pro forma statements, including non-GAAP numbers that management believes provide a better measure of their financial performance. Read

In this module, we learned the so-called pro forma statements, including non-GAAP numbers that management believes provide a better measure of their financial performance. Read the attached articles and the articles in the following links:

https://www.referenceforbusiness.com/small/Op-Qu/Pro-Forma-Statements.html

https://businessjournalism.org/2017/03/watch-pro-forma-financial-reports/

Comment on the benefits and drawbacks of using pro forma statements for financial statement analysis.

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