l In this post-Enron/Tyco/
WorldCom world, the demands of regulators for transparency and completeness of reporting are driving companies to adopt standardised, cleansed and consistent methods for the derivation of reported information. Financial services firms need look no further than the Basel II accord or the Cruickshank report.
Shareholders – especially corporate shareholders, such as pension funds and investment banks – are demanding more detailed and consistent reporting in order to make their investment decisions. As questions are being asked of these investors, their ability to demonstrate prudence and due diligence is becoming a critical threshold that all must satisfy.
More...
If you are not registered with the site, please register now to read the rest of this page.
If you are registered, please sign in to read the rest of this page.