Company’s Economic Reality: A Comparative Analyses and Forecasts Regarding Its Subsequent Evolution of Financial Statements Theories and Their Dynamism

Abstract

All over the time, the accounting theorists and practitioners focused their attention on the synthesis accounting documents because, by means these documents, the financial position and the corresponding results are periodically rendered.  Thus it is essential that the way this presentation is made should allow both some accurate comprehension of any company’s economic reality and carrying on comparative analyses and forecasts regarding its subsequent evolution.  This is the very reasons for having been looked for an adequate model to help these purposes to be accomplished.  Hence, a series of balance sheet theories issued.  The aim our paper hints at was to point out some theoretical aspects, specific to the classic theories on the balance-sheet, aspects that still prove to be present interest.

Keywords: balance sheet, static, dynamic, organic, multiple, theories.