I'm the accounting manager of a small public company One of my responsibilities is to provide management with monthly financial reports
To ensure the accuracy, clarity and completeness of online financial reports
, the code of conduct spells out a variety of best practices and assigns overlapping responsibility for them to auditors and even investors, as well as corporations and regulators.
The Wyeth Financial Report
therefore delivers the latest and the most comprehensive intelligence available on Wyeth's financial performance.
The West Pharmaceuticals Services Inc Financial Report
therefore delivers the latest and the most comprehensive intelligence available on West Pharmaceuticals Services Incs financial performance.
2 also addressed the appropriate content of general purpose financial reports
issued by federal entities.
reflect the company management's performance and there always will be a basic incentive for management to report favorable results.
Financial penalties and prison terms await corporate officers who certify financial reports
that are prepared in a manner inconsistent with established controls or that deliberately contain false or misleading financial information.
The Financial Reporting Module generates both financial reports
(generated for external use, e.
Unless otherwise specified, pronouncements of the GASB apply to financial reports
of all state and local governmental entities, including general purpose governments, public benefit corporations and authorities, public employee retirement systems, utilities, hospitals and other healthcare providers, and colleges and universities.
CPAs in public practice will need to know XBRL when working with CEOs and CFOs, who will use it to issue financial reports
and to obtain credit from lenders.
Related financial information within a company's financial reports
can be easily acquired and integrated, and financial performance more effectively communicated to analysts and investors, as well as compared with others in the industry.
Those standards govern the preparation of financial reports
and are officially recognized as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants.