Financial Statements: Framing Your Judgment Calls
Subscribe to receive updates when new CFO Insights are released:
Accounting is not an exact science.
CFO Insights: Financial statements: Framing your judgment calls
CFOs and their teams continually strive to achieve zero material defects in their financial statements.
Backed by effective internal controls, the knowledge of the senior officers in their accounting teams, and input from external advisors, they work diligently to avoid last-minute adjustments. Still, their efforts are not foolproof.
In this issue of CFO Insights, we examine why companies might consider implementing a formal framework to support accounting and financial reporting judgments, and discuss why they could benefit from a more disciplined approach.
Download the CFO Insights article, "Financial statements: Framing your judgment calls," to learn more.