115.040.02.07 Financial Analysis - Reading 20- 7. Monitoring Developments in Financial Reporting Standards
7. Monitoring Developments in Financial Reporting Standards
e. describe implications for financial analysis of alternative financial reporting systems and the importance of monitoring developments in financial reporting standards.
What are three areas of financial reports that require special attention by analysts?
1. New products or types of transactions
2. Evolving standards and the role of the CFA institute
3. Company disclosures