Quarter-end financial communications: Content to consider

Receive guidance on the information to include in summarized quarter-end financial communications, and the review and control processes you may need to implement.

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Preparing summarized financial communications, most commonly in the form of earnings news releases, can highlight key performance indicators and messages for users already familiar with the entity. Understand better the role of summarized financial communications in relation to full financial statements and the Management’s Discussion and Analysis (MD&A) and their essential content elements.

Quarter-End Financial Communications — Content to Consider, a joint publication from Chartered Professional Accountants of Canada (CPA Canada)’s Canadian Performance Reporting Board and the Canadian Investor Relations Institute, offers some observations to assist management in determining the information to include in such a communication as well as the review and control processes that may need to be implemented.

You will learn how to:

  • explain major changes in business objectives or strategies
  • summarize major developments in the organization
  • provide key information and summary discussion about performance, financial condition and liquidity
  • discuss changes in risks and uncertainties
  • summarize your organization’s outlook and future expectations
  • disclose the changes in accounting policies
  • provide a cautionary statement
  • develop processes for reviewing and approving the document