Search
 

Keep It Simple

Proposed financial reporting changes would reduce complexity for investors and corporates alike and make comparing performance among companies easier.

By David Corrado | Updated on August 01, 2008

A Securities and Exchange Commission (SEC) advisory committee has released its final recommendations to improve financial reporting for companies, analysts and investors. If adopted, certain recommendations could produce more uniform financial statements under an improved mixed-attribute accounting model and a single source of disclosure guidance.

The widely used mixed-attribute model measures certain assets and liabilities at fair value and others at historical cost, while affording companies some flexibility. However, because the model does not specify which measurement attributes should apply to different types of business activities, comparisons of performance between companies are harder to draw.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.