Generally, such loss is recognized for both financial reporting and tax purposes.
"They typically do not have this kind of financial reporting."
In financial reporting, reading numbers is looking for the plot, the story.
We found timely financial reporting to senior management and members.
Computer Associates said it believed that its current financial reporting was sound.
The financial reporting by business group, which began in 2002, points to the company's quandary.
The institute is concerned with the quality of public and private organizations' financial reporting.
Thus, included in their annual reports must be a report of management on the company's internal control over financial reporting.
During the 1990's, the quality of financial reporting and analysis appears to have declined.
As a result, confidence in financial reporting has been undermined.