In the United States, there are three types of government: local, state, and federal; Local and state governments meet the criteria of the Governmental Accounting Standards Board (GASB), and in particular the topics in Statements 34 and 44, which include the Comprehensive Annual Financial Report (CAFR), and the federal government, according to the Federal Accounting Standards Advisory Board (FASAB) are used for financial reporting. The common goal of financial accounting and reporting methods in state and local governments has been to provide information on the performance of government agencies to users of financial statements. These governments want to provide these users with an overview of the financial condition of these institutions on specific dates and a retrospective view of the results of their operations over a period of time (usually one year). The purpose of this article is to describe the perspectives on forward-looking information. Also show users of government financial statements how they can use this type of information to better assess the current financial health of each government, as well as its ability to meet its obligations in the future. On the other hand, the use of this information in companies and the capital market is also important and studies have shown that the disclosure of forwardlooking information, on the one hand reduces volatility in corporate stock returns and on the other hand is related to corporate accounting riskIn the United States, there are three types of government: local, state, and federal; Local and state governments meet the criteria of the Governmental Accounting Standards Board (GASB), and in particular the topics in Statements 34 and 44, which include the Comprehensive Annual Financial Report (CAFR), and the federal government, according to the Federal Accounting Standards Advisory Board (FASAB) are used for financial reporting. The common goal of financial accounting and reporting methods in state and local governments has been to provide information on the performance of government agencies to users of financial statements. These governments want to provide these users with an overview of the financial condition of these institutions on specific dates and a retrospective view of the results of their operations over a period of time (usually one year). The purpose of this article is to describe the perspectives on forward-looking information. Also show users of government financial statements how they can use this type of information to better assess the current financial health of each government, as well as its ability to meet its obligations in the future. On the other hand, the use of this information in companies and the capital market is also important and studies have shown that the disclosure of forwardlooking information, on the one hand reduces volatility in corporate stock returns and on the other hand is related to corporate accounting risk