Simplified Reporting
   
   

Around the world the spotlight is on improving internal and external financial reporting, by making them more understandable to non-accountants. This page outlines the approaches taken in several of these attempts.

 
     
  Report on Best Practice Simplified Internal and External Reporting
PDF 748kb
  for Local Governments in Queensland
  Contents Executive Summary

PDF 92 kb

Background
PDF 60 kb
Methodology and Framework
PDF 280kb
Reporting Generally
PDF 96 kb
Performance Reporting and Measurement
PDF148kb
External Reporting
PDF 92 kb
Internal Reporting
PDF 248kb
Reference List
PDF 52 kb
Attachments – Current Reporting Practices
PDF 60 kb
  Author ORION and BDO Kendalls for Local Government Association Queensland 2002
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  One-Day Reporting: From Theory to Practice
Link
  Description This Article examines the experience of One Day Reporting, looking atJohnson & Johnson as a case study.
  Author Fiona Sexton, 2004
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  Just-In-Time Accounting Book Summary Link
  Description Extracts from the Book ‘Just-In-Time Accounting: How to decrease costs and Increase Efficiency"
  Author Steven Braggs, 1996
 
  SEC Statement about Management's Discussion and Analysis Link
  Description This is the United States SEC Statement regarding Management's Discussion and Analysis of Financial Condition and Results of Operations. The release sets forth certain views of the Commission regarding disclosure that should be considered by registrants. Disclosure matters addressed by the release are liquidity and capital resources including off-balance sheet arrangements; certain trading activities that include non-exchange traded contracts accounted for at fair value; and effects of transactions with related and certain other parties.
  Author Securities and Exchange Commission (SEC), 2002
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  FASAB Standard on Management Discussion and Analysis PDF 146kb
  Description This document establishes standards for preparing Management's Discussion and Analysis (MD&A). MD&A is an important vehicle for (1) communicating managers' insights about the reporting entity, (2) increasing the understandability and usefulness of the general purpose federal financial report (GPFFR),1 and (3) providing understandable and accessible information about the entity and its operations, service levels, successes, challenges, and future.
  Author Federal Accounting Standards Advisory Board (USA) (FASAB), 1999
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