Best Practice Report

Preparing For New SEC Reporting Guidelines

Financial Reporting Goes Interactive

October 23rd, 2008
ST
Scott Tiazkun
With contributors:
Paul D. Hamerman , Ralph Vitti

Summary

Corporate finance and IT need to prepare now for new financial reporting guidelines. In tandem, they need to devise how the enterprise will create interactive data reports that satisfy the US Securities and Exchange Commission (SEC). Acting as an enforcer, the SEC is ostensibly reducing risk and creating financial transparency as it moves toward mandating a new universal financial reporting format. While searchable reports can provide marginal value for investors and the public, it has yet to be widely proven that the burden of another regulation is offset for enterprises via more efficient financial reporting or even new business insights.

Want to read the full report?

Contact us to become a client

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.