Financial Reporting

Reporting that goes “beyond the numbers”

Corporate reporting continues to evolve, and is no longer restricted to financial statements.

Today, corporate reporting encompasses a broad array of disclosure matters. No longer focused on historic accounting results, it now includes information on what drives performance and the way value is created as well as prospective elements, such as guidance on future revenue and earnings targets. Moreover, analysts are demanding the disclosure of a growing number of non-financial performance metrics, together with an ever-increasing number of financial metrics. These prospective elements raise several issues with which boards and their audit committees must now grapple.