Insights
Getting to grips with non-GAAP measures (PDF - 298kb)
Embrace non-GAAP measures in your corporate reporting, David Phillips advises, but it is increasingly important to follow certain ground rules so that the information sheds light and not 'noise'. This is an article originally featured in World Watch Issue 2 2008, PricewaterhouseCoopers Governance and Corporate Reporting magazine.
Take sustainability to heart (PDF - 67kb)
While corporate responsibility has been overwhelmingly driven by external pressures and expectations, sustainability goes right to the heart of the business model - raising significant questions and challenges for the corporate reporting model says Erica Hauver. This is an article originally featured in World Watch Issue 2 2008, PricewaterhouseCoopers Governance and Corporate Reporting magazine.
Emissions reporting examined in new report
'Corporate Reporting Greenhouse Gas Emissions Reporting 2008', a new report shows staggering inconsistencies in how FT 500 companies calculate and verify their greenhouse gas emissions. The report by The Ethical Corporate Institute reveals that companies responding to the fifth annual Carbon Disclosure Project questionnaire are using a total of 34 different public protocols or guidelines to report on their emissions.
Improvement to the Financial Reporting Supply Chain and Areas for Future Action examined in new report
"Financial Reporting Supply Chain: Current Perspectives and Directions", a new report highlights improvements in corporate governance, the process of preparing financial reports and the audit of financial reports following significant efforts to strengthen financial reporting in recent years. Yet despite these improvements to the financial reporting process, the report; commissioned by the International Federation of Accountants (IFAC); points out that the understandability of financial reports has not improved.
Sustainability reports should be independent
"Closing the gap", a new report by communications agency Black Sun, has found that most companies do not provide a consistent and integrated approach to sustainability reporting.
Annual reports featured on YouTube
YouTube has shown that it has a serious side, with US companies posting video annual reports on YouTube. The latest company to do so is NYSE-listed Pike Electric who joins other public companies California Pizza Kitchen (CPK) and Ruth's Chris Steak House. The videos, which are under five minutes, are also available on the firms' IR websites.
Performance statement: Coming together to shape the future
Communicating financial performance has been a core ambition of reporting standards since their inception. In this survey of both investment professionals and corporate management, we compare and contrast their perceptions of the information needed to achieve that long held ambition and offer insights into where the gaps in current reporting practice lie.
Corporate reporting: Is it what investment professionals expect?
What is the investment community's view of the current corporate reporting framework? What do they see as its strengths and weaknesses? Based on interviews with over 250 analysts and investors around the world, "Corporate Reporting: Is it what investment professionals expect" provides unique insights into the corporate reporting agenda.