A clearer outlook
13 September 2012
Regular re-forecasting is generally accepted as a worthwhile exercise. Why then are so many businesses failing to weather the financial reporting storm?
The spirit of financial openness and rapid disclosure demanded by Sarbanes-Oxley and International Financial Reporting Standards (IFRS) means that UK plc’s should be doing their utmost to provide the market with regular budgetary re-forecasts and plans.
For those CEOs and CFOs for whom regulation is not a strong enough reason to review their budgeting and...