Status quo reporting or disclosure is the status quo because it barely scrapes by.
Organizations who fit the “status quo” aspire only to pass regulatory requirements and avoid fines – but they also fail to recognize the strategic potential of financial reports as a means to communicate value bluntly to investors. Unfortunately, organizations have financial and disclosure reporting processes that are particularly susceptible to error. In fact, the effects of these poor processes may already permeate the reporting company’s financial reports.
Download and read the resulting white paper to discover substantial challenges and the accompanying steps your organization can take to elevate the reporting process.