Short-Term Forecasting Pro Forma Analysis Focus on construction of pro forma financial statements Prepare pro forma income statement Prepare pro forma balance sheet Financial ratios derived from pro forma statements Assess pro forma ratios for reasonableness and feasibility Compare key relations to past relations y Unexpected variations must be reviewed for possible revisionsFocus on construction of pro forma financial statements - Prepare pro forma income statement - Prepare pro forma balance sheet - Financial ratios derived from pro forma statements - Assess pro forma ratios for reasonableness and feasibility - Compare key relations to past relations - Unexpected variations must be reviewed for possible revisions Short-Term Forecasting Pro Forma Analysis