Pro-forma earnings are financial statements with hypothetical estimates that provide a "picture" of a company's profits if certain nonrecurring items are excluded. They may allow companies to ...

CONTRARY TO WHAT IS REQUIRED IN AUDITED financial statements, the only SEC regulation governing what companies put in their earnings releases is that the information should not be misleading. There ...

WASHINGTON (CBS.MW) -- The Securities and Exchange Commission put companies and their advisors on notice Tuesday regarding the use of unaudited financial results or pro forma information. The agency ...