Projection of a Company’s Activity Based on its Financial Reports

The present article is debating the projections of a company’s activity based on its financial reports known to date. Connections with definitions and occurrence and dissemination sources of the financial reporting concepts are largely debated in the literature, as well as their usefulness and their positioning throughout the accounting history. All observations and additions brought by FASB are largely presented and debated. The article ends by the authors’ conclusions on the projection of a company’s activity based on its financial reports and on their unitary object: providing a basis for the organizational decision-making and helping the activity of the economic agent progress.