EIRP Proceedings, Vol 4 (2009)

Abstract

The performance is characteristic to a state of competitiveness of the enterprise which must not be mistaken for the indicators which describe it. From a quantitative point of view, the financial performance versus the result is defined from the perspective of the enterprise's profitability. It is imposed the transition from the evaluation at historical prices to the evaluation at the correct value, from the abandonment of the concept of the past and present period's result to the concept of performance respectively, which gives the future perspective of the enterprise. Regarding the predictive capacity of the financial performance indicators, it can be noted that the exploitation's result, the treasury flow and the added value serve the future treasury flows.