{"id":429,"date":"2006-11-08T14:05:32","date_gmt":"2006-11-08T20:05:32","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/?p=429"},"modified":"2006-11-14T09:19:05","modified_gmt":"2006-11-14T15:19:05","slug":"the-end-of-quarterly-reports","status":"publish","type":"post","link":"http:\/\/selectmetrix.com\/blogs\/2006\/11\/the-end-of-quarterly-reports\/","title":{"rendered":"The End of Quarterly Reports?"},"content":{"rendered":"

Interesting, quick story – ‘Big Four’ Accounting Firms: Nix Quarterly Results Reporting<\/a>. Surely the speed of the Internet has to be the main force behind this suggestion.<\/p>\n

The heads of the “Big Four” accounting firms . . . said the standard financial reporting model used in the last century is growing less relevant and meaningful.<\/p>\n
Instead, the firms proposed static quarterly financial statements be replaced by real-time, Internet-based reporting, including a wider range of performance measures.<\/p><\/blockquote>\n
I’m not a financial advisor, but, at first blush, this change would be dramatic. I suspect much of the corruption schemes would be difficult to perpetrate with this almost real-time approach.<\/p>\n","protected":false},"excerpt":{"rendered":"
Interesting, quick story – ‘Big Four’ Accounting Firms: Nix Quarterly Results Reporting. Surely the speed of the Internet has to be the main force behind this suggestion. The heads of the “Big Four” accounting firms . . . said the standard financial reporting model used in the last century is growing less relevant and meaningful. Instead, the firms proposed static quarterly financial statements be replaced by real-time, Internet-based reporting, including a wider range of performance measures. I’m not a financial advisor, but, at first blush, this change would be dramatic. I suspect much of the corruption schemes would be difficult to perpetrate with this almost real-time approach.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[7],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-6V","jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/429"}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=429"}],"version-history":[{"count":0,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/429\/revisions"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=429"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}