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« Effective Financial Reporting | Main | Convergence of Accounting Standards »

August 04, 2009


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There are certainly restriction when it comes to financial reporting to news letters. While there are guidelines to follow when reporting from within the department.

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The key term and in my opinion the focal point of the argument is Transparency. How much financial details can be disclosed for public consumption and how much financial details are deemed confidential, which is an every right for an organization.

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There are certainly limitations. Financial reports cannot bear confidential matters or figures that are not fit for public consumption.

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Financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value..

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