Financial Reporting Updates
Bob Jensen at Trinity University
Online Financial Reporting
Online Financial Services
Online Financial Reporting
Ross A Kaplan, "Identity Crisis for Online Annual Reporting," Financial Executive, Jul/Aug 1999, 38-39.
More that 70 publicly traded companies now make their quarterly conference calls available using streaming audio or video.
The number of companies using the web to make their annual shareholders meetings available is likely to treble to about 100 this annual-meeting season.
Four of the top 25 investor-relations web sites are based outside the United States, according to Ross Kaplan; 13 of these offer at least some investor-relations content in more than one language.
Five of the top sites present financial information in more than one currency.
As the underlying technology improves, good investor-relations web sites will go beyond simply informing shareholders and increasingly let them do things -- for example, calculate ROI and other ratios, vote their shares, enroll in a dividend reinvestment plan and generate graphics showing trends in operating results.
Increasing "customizability" means that shareholders will be able to configure web sties to show only the information they're interested in -- bypassing the vast majority of web content (sales material, technical support, etc.) aimed at other audiences.
Have traditional accounting and finance measures of corporate wealth "lost their
Utility?"
http://www.zdnet.com/pcweek/stories/columns/0,4351,407222,00.html
Online Financial Services