If it isn't read, it isn't right
Article Abstract:
Well-written and accurately conceived financial statements are enough to evaluate a company's performance, growth rate and consistency. Typically, balanced sheets are categorized in three distinct headings, corresponding to debt, liquidity and target investment. These details may be interpreted easier and faster by including footnotes, or by highlighting significant trends. Cash flow accounts must also include vital information about previous financial increases or decreases, while noting down current liabilities.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1998
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Control vs. controls
Article Abstract:
An organization must disclose adequate information which would prove that it is in control, to gain the confidence of shareholders and stakeholders. Canada, the UK and US are among the countries that have employed internal controls, rather than control, which maintain the organization's ability to manage risks. Management guru Peter Drucker emphasized that controls involve past events while control, which is employed by the Canadian Institute of Certified Accountants, focuses on business outlook.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1999
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Signals and signs
Article Abstract:
The financial success of a company significantly depends on how efficiently managers disclose information to clients and the degree of credibility these data contain. Previous studies revealed that most initial public offerings fail due to the inability of managers to secure reasonable rates for their shares. Such problem prompted R. Verrecchia and R. Dye to develop a theoretical framework for strategically disclosing financial information while concealing substandard details.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1998
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