A Blueprint for Digital Companies’ Financial Reporting

Harvard Business

Currently, firms’ first report net profits and then back out many of these one-time items to present a non-GAAP (Generally Accepted Accounting Principles) profit number. Because investors consider these non-GAAP numbers to be value-relevant, we propose a more direct way for them to be calculated. Yet, we believe that the benefits of disclosures, particularly in improving the efficiency of capital allocation in the markets, outweigh their costs.

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5 Reasons CFOs Struggle with Financial Reporting (and How to Overcome the Challenges)

The Kini Group

Pressure to Make Financial Reporting More Efficient and Transparent Internally. The fix: To mitigate these issues and survive the pressure, CFOs should find the most efficient technology possible to organize their data and run their financial reporting automatically. Recent updates to laws concerning finance include updates to the Financial Accounting Standards Board (FASB) US GAAP financial reporting standards and tight 10-Q and 10-K deadlines.

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5 Reasons CFOs Struggle with Financial Reporting and Analysis (and How to Overcome the Challenges)

The Kini Group

Pressure to Make Financial Reporting and Analysis More Efficient and Transparent. The fix: To mitigate these issues and survive the pressure, CFOs should find the most efficient technology possible to organize their data and run their financial reporting automatically. Recent updates to laws concerning finance include updates to the Financial Accounting Standards Board (FASB) US GAAP financial reporting standards and tight 10-Q and 10-K deadlines.

TCO 32

GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business

As the market, including customers, employees, and investors, shifts the mix of what is done and what is consumed, this most important and commonly used economic indicator, along with Generally Accepted Accounting Principles (GAAP), tells a concerning story. In the process of creating more efficient, happy, and technologically supported lives, we may have to blow up and recreate how we gauge economic prosperity and growth. HBR STAFF.

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How B2B Software Vendors Can Help Their Customers Benchmark

Harvard Business

Imagine if all manufacturers had, for example, a supply chain efficiency score, or all companies had a leadership development score. The appeal of widespread nonfinancial performance measures for assessing companies has been discussed for several decades, but never achieved—despite continuing growth in assets and priorities poorly measured by GAAP accounting. Gillian Blease/Getty Images.

The U.S. Corporate Tax Code Is Broken. How Should We Fix It?

Harvard Business Review

And, nothing could be more important to our economy than the efficient allocation of financial, real and human capital. And it is hard to rationalize a tax borne by labor implemented through corporations for either distributional or efficiency reasons. On Tuesday, Apple CEO Tim Cook testified in front of the Congressional Permanent Subcommittee on Investigations as a part of their look into the company''s corporate tax practices — according to Sen.