|
|
06 Feb 2012
CORPORATE reports are being held back by confusion over their different audiences, their complexity and lack of timeliness, a report has found.
According to an Association of Chartered Certified Accountants (ACCA) survey of annual report users, end-of-year financial reports must include more about potential risks that could affect performance.
The survey of 500 investors, capital providers, customers and report preparers also found that almost half of respondents said that too much promotional material has crept into reports and that reports were too long.
"Reports need to be simplified, they need to be written with investors in mind, and they need to be more forward looking and evidently risk aware," said Ian Welch, ACCA's head of policy.
advertisement
Have similiar articles delivered to your email box
Our experts provide practical solutions to a number of challenges associated with successful cash management
Loraine Woodhouse, FD at Hobbs, and Paul Venables, FD at Hays, have been named in Expense Reduction Analysts Ones to Watch initiative
advertisement
Email Newsletters
Email Newsletters
Please enter your email below to receive your profile link
advertisement
Search by job title, salary, or location - we only list senior financial roles
8.30am, 14 Jun 2012
The Financial Director Summit 2012 will provide a unique platform in which to share, compare and contrast experiences whilst learning and networking with peers
Our annual day of golfing fun will be held on 12 July at Porters Park Golf Course, Hertfordshire
This paper delves into the many benefits that can be obtained by automating the supplier statement process
UNIT4 works with a huge variety of different organisations across several sectors, and this guide has been built on its experiences and knowledge.These tips will provide you with the tools you need to improve
International qualifications and experience are more important than ever for those wanting to sit at the finance directors’ top table, finds Rachael...
