Five steps to simplifying financial statements — today

Learn an approach to simplify your financial statements by reducing disclosure overload, without the use of significant resources. Watch the video and download the guide for tools and examples of award-winning financial statements from Canadian entities.

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These steps are presented with reference to the standards and requirements currently in place and allow management to start simplifying right away. They provide you with an opportunity to add immediate value to an entity’s financial statements, without requiring significant investments of money, time or resources.

The five steps include:

  • make financial reporting a strategic matter
  • focus on materiality
  • refine formatting and presentation
  • apply a truly condensed approach to interim reporting
  • keep looking ahead