One of the hot topics in the world of public company reporting right now is the interaction between quarterly reporting and whether or not management makes decisions with a short-term focus that could be less beneficial in the long-term. Bob Laux, an Associate Director at SEC Institute, conducts programs on various reporting and financial accounting topics, and also serves as the North American Lead for the International Integrated Reporting Council (the IIRC). Bob shares his insights along with a substantial amount of background about the complex relationship between quarterly reporting in short-term thinking in this blog posted on the IIRC’s web page. You can also learn much about IIRC at their web page after you read Bob’s post.
As always, your thoughts and comments are welcome!