Accounting Analysis

Accounting Analysis

Introduction

This paper intends to make a critical analysis of chosen article. The main focus of this paper is to answer the given four questions regarding accounting. The article describes the Pro forma reporting in detail and further it compares Pro forma with the GAAP earnings disclosure.

Discussion

According to the regulation SX of the SEC, What is Pro forma reporting? How pro forma reporting is used by firms over the past years? sum up the arguments for and against this type of reporting.

According to the regulation SX of the SEC, the historical understanding of maintaining the pro forma accounts ...