OxBowBusiness

Operating and Financial Review

Just under a year ago Gordon Brown, Chancellor of the Exchequer, unilaterally decided that the Operating and Financial Review, for which there is a formal Accounting Standard, was not needed and listed companies no longer needed to bother to prepare one.

The International Accounting Standards Board diasagree with Brown and are working on their own Operating and Financial Review, which they call a Management Commentary.

Moreover, the EU likes these Operating and Financial Reviews too and they have their own opinion.

So, again written for another client, here is an article that outlines what the Operating and Financial Review is, what it might be, examples of real reviews ... again this file is hosted on my own web site but it's still free of charge for all.

Get the file here ... it's in PDF format.

Duncan Williamson

posted by Duncan Williamson @ 9:35 AM