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- This topic has 3 replies, 2 voices, and was last updated 3 months ago by Ken Garrett.
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- August 19, 2024 at 10:15 pm #710043
1) a) Please for reports for boards, is two years of data ,this year and last year ,considered adequate?
b) Please for reports for boards, is once a year enough?
c) when the question says sustainability in the long term of a company-what is a direct measure of
thisAugust 20, 2024 at 9:24 am #710062Not sure what you mean by ‘report for boards’. Generally if the board is assessing financial performance using management accounts, they will look at this year compared to last year. I would expect the board to look ar financial performance every month. Annually is inadequate.
There is no single direct measure for sustainability. It is multi-faceted and will depend on the nature of the business.
Eg a mining company would assess reserves of minerals.
A technology or pharmaceutical company might look at patent lives.
Some companies publish environmental information like % of material recycled or amounts of renewable energy used.August 20, 2024 at 11:26 am #710066Thank You Ken
August 20, 2024 at 1:14 pm #710069You’re welcome.
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