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Technical

The Evolution of Corporate Reporting: A Shift to Value Non-Financial Information Logo aicpa

  Amy Pawlicki |   Free |   AICPA |   25 Aug 2014 |   AICPA Insights

In this blog post, Amy Pawlicki of the AICPA discusses the evolution of corporate reporting. She describes how consideration of non financial information helps illustrate a company's overall health.

Topics covered:
  • Management accounting: Technical: Financial accounting & reporting: Professional accounting standards, Advanced

2 Comments/Reflections

Alice Mullaney

Alice Mullaney Nov 2015

I wanted to revisit the basics of financial reporting standards. This article was useful as it was focused on the importance of non financial information in reporting.

It has made me think about how as businesses develop in todays market place there is an increasing shift and emphasis on valuing intangible assets correctly, and how human capital, innovation, and customers can be worth more to a company than the traditional assets.

How also there are some new core values that have emerged in the changing business world -  such as transparency.

Useful for broadening my understanding of what creates value within my firm.

Alice Mullaney

Alice Mullaney Nov 2015

I wanted to revisit the basics of financial reporting standards. This article was useful as it was focused on the importance of non financial information in reporting.

It has made me think about how as businesses develop in todays market place there is an increasing shift and emphasis on valuing intangible assets correctly, and how human capital, innovation, and customers can be worth more to a company than the traditional assets.

How also there are some new core values that have emerged in the changing business world -  such as transparency.

Useful for broadening my understanding of what creates value within my firm.