第五章报告和披露15.pptVIP

* 5.网络商务报告和XBRL Electronic information dissemination offers the advantage of often being less expensive than use of print media, and offers instantaneous communication. The Web also allows interactive information dissemination in a manner not possible in print form. Securities trading using the Internet has increased the demand for Web-based business and financial reporting. Individual investors are increasingly using the Web to trade and make investment decisions and use the Web as an important information source. * Annual report Disclosures in Emerging Market Countries Disclosures in annual reports of companies in emerging market countries are generally less extensive and less credible than those of companies in developed countries. Low disclosure level in emerging market countries are consistent with systems of corporate governance and finance in those countries. * Equity markets are not well developed, banks and insiders such as family groups supply most of the financing, and so in general there has been less demand for credible, timely public disclosure than in more developed economies. * However, investor demand for timely and credible information about companies in emerging market countries has been growing. As these countries’ stock markets and listed companies seek to increase their presence, researchers are developing more evidence on what these practices are and how they differ from those in developed countries. P. 158 * * * * * * * * * * * * * * * * * 第五章 报告和披露 Reporting and Disclosure * 公司报告披露包括： 财务披露，指那些可用货币单位计量反映的信息项目。 非财务披露，指那些无法以货币单位计量反映的叙述性说明、事实或意见以及不以货币而以其他方式计量的信息项目。 Much of our discussion addresses disclosure related to financial reporting for external users. * Development of disclosure The development of disclosure systems closely parallels the development of accounting systems discussed in Chapter 2. Disclosure standards and practices are influenced by sources of finance, legal systems, political and economic ties, level of economy developm