Web-based financial reporting: an interpretative model for

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To login click "read more" To login click "read more". Services Audit and Assurance Financial statement audit.This paper aims at contributing to financial reporting literature by proposing a conceptual interpretative model to analyse the corporate use of social media for fi- nancial communication purposes. In this perspective, the FIRE model provides a framework to study social media shifting the focus on the distinctive features that might enhance web investor relations.

The model highlights these features through four building blocks: i firm identity; ii information posting I ; iii reputation; and iv exchange and diffusion.

Web-Based Financial Reporting: An Interpretative Model for Corporate Communications on Social Media

They represent key aspects to explore corporate communication activities and might offer a framework to interpret to what degree corporate web financial reporting exploits the potential of social media.

Accordingly, the paper proposes metrics based on this model aimed at capturing the interactivity of corporate com- munications via social media, with a particular focus on web financial reporting.

It tries to show the potential of this model by illustrating an exploratory empirical analysis investigating to what extent companies use social media for financial re- porting purposes and whether firms are taking advantage of Twitter distinctive fea- tures of interaction and diffusion.

Location of Repository. Topics: investor relations, web financial reporting, social media, Twitter. OAI identifier: oai:iris. Suggested articles.This paper aims at contributing to financial reporting literature by proposing a conceptual interpretative model to analyse the corporate use of social media for financial communication purposes.

In this perspective, the FIRE model provides a framework to study social media shifting the focus on the distinctive features that might enhance web investor relations. The model highlights these features through four building blocks: i firm identity F ; ii information posting I ; iii reputation R ; and iv exchange and diffusion E.

They represent key aspects to explore corporate communication activities and might offer a framework to interpret to what degree corporate web financial reporting exploits the potential of social media. Accordingly, the paper proposes metrics based on this model aimed at capturing the interactivity of corporate communications via social media, with a particular focus on web financial reporting.

It tries to show the potential of this model by illustrating an exploratory empirical analysis investigating to what extent companies use social media for financial reporting purposes and whether firms are taking advantage of Twitter distinctive features of interaction and diffusion.

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Clicca qui. Keywords: Investor relations, web financial reporting, social media, Twitter Ramassa, P. Ultimi articoli. Dal controllo alla creazione del valore 14 Luglio La creazione del valore: il necessario completamento del sistema di controllo e di comunicazione Un approccio sistemico alla teoria della creazione di valore sostenibile: un modello concettuale 14 Luglio Informativa: questo sito si avvale di cookie necessari al corretto funzionamento.Company Filings More Search Options.

Back to Table of Contents. Rather, it should reflect the facts and circumstances specific to each individual registrant.

S-K is a "principles-based" disclosure requirement. It is intended to provide management with flexibility to describe the financial matters impacting the registrant.

See Section Release No. It should be noted these suggestions are not part of the requirements set forth in S-K The majority of registrants combine their discussion of these two items due to the degree of overlap which exists among the requirements.

A key objective of the liquidity and capital resources discussion is to provide a clear picture of the company's ability to generate cash and to meet existing known or reasonably likely future cash requirements.

Any known trends, or any known demands, commitments, events or uncertainties that will result in or are likely to result in the registrant's liquidity increasing or decreasing in a material way should be discussed. To the extent a material deficiency is identified, the registrant should disclose the steps taken to remedy the deficiency. The discussion should also evaluate the amounts and certainties of cash flows, as well as whether there has been material variability in historical cash flows.

Disclosure is likely to be necessary if:. The focus should be on an analysis of the factors that caused these changes to occur. In providing this analysis, registrants may find it helpful to include a discussion of key variables and financial measures management is utilizing in managing the business.

These variables may be non-financial in nature or may represent industry specific metrics. The discussion and analysis of segments may be integrated with the discussion of the consolidated amounts to avoid unnecessary duplication. The discussion and analysis should be comprehensive. All components of the registrant's results of operations, including those that may not be allocated to the segments in determining the segmental profit or loss such as certain corporate overhead items or income taxes for example should be discussed.

A discussion of the nature and impact of significant tax rate reconciling items should also be considered. For example, discuss the tax rate reconciling item resulting from a change in assumptions related to an unrecognized tax benefit or a different final resolution related to the unrecognized benefit.

In this example, the underlying factors that contributed to the decline in volume as well as the increase in selling prices should also be discussed. In addition, discussions about changes in the price vs. This will occur, for example, when there has been a change in basis in the underlying financial statements.

This might occur in the following situations:. This supplemental discussion may be meaningful in the case of a material acquisition, but generally would not be appropriate in the case of fresh-start accounting.

A determination as to whether a discussion of the audited financial statements should be supplemented by a discussion based on pro forma information should take into consideration all of the facts and circumstances surrounding the transaction, the nature of the pro forma adjustments to be made, and the overall meaningfulness of any such supplemental pro forma discussion. Other formats, such as the footnote pro forma information specified by ASCmay also be appropriate depending on the particular facts and circumstances.

It would be inappropriate to merely combine information for the pre-and post-transaction periods without reflecting all relevant pro forma adjustments required by S-X Article Pro forma financial information should only be prepared for the most recent fiscal year and interim period prior to the transaction occurring although the staff will not object to the registrant providing a pro forma income statement for the corresponding prior interim period.

Supplemental discussions based on S-X Article 11 pro forma financial information should not be presented with greater prominence than the discussion of the historical financial statements required by S-K For exampleassume a material acquisition occurs on August 31,and the registrant is a calendar year-end company.As the access to this document is restricted, you may want to search for a different version of it.

Turel, Asli, Ivica Pervan, Cho, Charles H. Mary Kehinde Salawu, Andrew Lymer, Bruno Oxibar, Hassink, Mohamed A. Mohamed, Paisey, More about this item Statistics Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors.

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Economic literature: papersarticlessoftwarechaptersbooks. FRED data. External reporting of accounting and financial information via the Internet in Spain. Registered: Oriol Amat. This paper describes the current July level of usage of Internet communication technologies by Spanish quoted companies for communication of financial and other information to interested parties.Having access to up to the minute data over the Web has become an essential requirement of managers today.

The Web Based Executive Reporting module provides real time access to financial reports for key executives.

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Balance Sheet and Income Statement reporting as well as a link to our new dashboard of Key Performance Indicators are available. The Web Based Branch Reporting module was designed for sophisticated branch managers who insist on real-time information about the loans being originated and the financial position of their Branch or Branches. The Web Based Loan Officer Reporting module was designed to give Loan Officers similar real time access to the loans they were originating.

The Funded loans report and related Commission reports tells the loan officer what he or she wants to know. Managers who want to know exactly which loans make up their income can see income in real-time. The ability to drill down to the loan level allows managers to confirm that the transactions being charged to their branch are proper. Having this report available on the Web allows the branch manager to view its contents at any time AND eliminates the need for the corporate accounting department to have to package and send the report to each branch manager each month.

The time and labor savings can be substantial. Funded Loans By Branch — designed for the branch manager who is primarily interested in loan production. Your staff can design the columns to summarize income and expense per loan into easy-to-understand headings. Commission Reports — allows the branch manager to see the commissions being paid for his or her branch or by loan office.

These reports are generated in real time based on loans funded or sold. Transaction by Loan Number Report — allows the branch manager to review the transaction activity occurring an a selected loan or range of loans. Which GL accounts the user sees is controlled by management. See All Features. Contact Us.As the access to this document is restricted, you may want to search for a different version of it.

Gregory D. Saxton, Gregory S. Skinner, Marston, Pontus Hedlin, Kaplan, Andreas M. Paola Ramassa, Kietzmann, Jan H. Get serious! Understanding the functional building blocks of social media ," Business HorizonsElsevier, vol.

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Full references including those not matched with items on IDEAS More about this item Statistics Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fan:frfrfr:v:html See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Angelo Ventriglia.

web-based financial reporting: an interpretative model for

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form.

web-based financial reporting: an interpretative model for

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services. Economic literature: papersarticlessoftwarechaptersbooks. FRED data. This paper aims at contributing to financial reporting literature by proposing a conceptual interpretative model to analyse the corporate use of social media for financial communication purposes. In this perspective, the FIRE model provides a framework to study social media shifting the focus on the distinctive features that might enhance web investor relations.

web-based financial reporting: an interpretative model for

The model highlights these features through four building blocks: i firm identity F ; ii information posting I ; iii reputation R ; and iv exchange and diffusion E.