On July 23, the SPIBA Finance Committee held an online discussion dedicated to the launch of the state information resource for accounting (financial) reporting. Olga Semenova, EMG Chief Operating Officer made a presentation: “The value of explanations to financial statements for corporate, tax and PR purposes”. During the discussion, the following issues were raised:
- disclosure requirements in the explanatory notes;
- examples of information presentation;
- cooperation of the management, accounting department, as well as the PR department of the company in the preparation of an explanatory note, available to all interested users: various government bodies, contractors, competitors, journalists and others.
Please contact our specialists if you want to get additional advice on the preparation of customized explanations.
