Describe pro forma income and importance of pro forma income


Discussion Post

a) Describe pro forma income and the importance of pro forma income in the evaluation of the income statement. Choose at least two items that are excluded from pro forma income. Suggest to management why including the items would be misleading to investors and creditors.

b) Rate the three most important concepts that you have learned in this course in order of importance (1 being the most important; 3, the least). Provide a rationale for your rating scheme

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Describe pro forma income and importance of pro forma income
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