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Report for boards

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › Report for boards

  • This topic has 3 replies, 2 voices, and was last updated 1 year ago by Ken Garrett.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 19, 2024 at 10:15 pm #710043
    jloh
    Participant
    • Topics: 4
    • Replies: 6
    • ☆

    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
    this

    August 20, 2024 at 9:24 am #710062
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10606
    • ☆☆☆☆☆

    Not 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 #710066
    jloh
    Participant
    • Topics: 4
    • Replies: 6
    • ☆

    Thank You Ken

    August 20, 2024 at 1:14 pm #710069
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10606
    • ☆☆☆☆☆

    You’re welcome.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Report for boards’ is closed to new replies.

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