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re: Corporate reporting - move from quarterly to semiannual reporting?

Posted on 8/17/18 at 3:29 pm to
Posted by baldona
Florida
Member since Feb 2016
20514 posts
Posted on 8/17/18 at 3:29 pm to
quote:

I know EU and Australia are both semi-annual, think China is annual with lite disclosures quarterly.


To be fair though, why would the most powerful business country the world has ever known by an exponential portion want to model themselves after places like Australia, Belgium, and China?

It could easily be argued that they only do Semi annual reporting because they are freaking lazy.

I agree it makes certain sense, I agree it saves money, and I agree others already do it. I'm just not sure in an ideal world its the best thing to do.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 8/17/18 at 3:43 pm to
quote:

To be fair though, why would the most powerful business country the world has ever known by an exponential portion want to model themselves after places like Australia, Belgium, and China?

It could easily be argued that they only do Semi annual reporting because they are freaking lazy.


Accounting standards are much more stringent and uniform in Europe than they are here.
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