Integrated reporting provides a more holistic representation of a firm’s activities, combining key financial and non-financial information, including environmental and social details. Better still, research by Gaia Melloni and her colleagues reveals that firms producing concise and easy to understand reports, in line with international guidelines, may benefit economically in terms of market value and liquidity, compared with those that do not. But with some important caveats.
Many executives spend significant sums improving their personal performance. However, new research by Elizabeth Demers and her co-authors, suggests that there is one relatively simple, effective and low cost way of upping your game as an executive. They show that, for a combination of reasons, cognitive function, mood and the ability to communicate tend to decline throughout the day. For executives with packed diaries and little time to replenish reserves, it is best to get critical tasks scheduled for the morning.
Some experts suggest that mandatory joint audits might help to improve the reliability of accounting numbers. But what are the additional costs involved and is the case for joint audits supported by the evidence?
4 min read Continue reading Do joint audits add up?