"Any or all forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. Many such factors will be important in determining the actual future results of the corporation.These statements are based on current expectations and the current economic environment. They involve a number of risks and uncertainties that are difficult to predict. These statements are not guarantees of future performance."

Come to the live session prepared to discuss this paragraph and address the following questions:

Pro forma statements are generated by people within the corporation and by people outside the organization. Which statements should be better forecasts? Which statements are more objective?