Changing the Timeline on Corporate Financial Reporting: SGX Scraps Quarterly Updates – Glass Lewis

he Singapore Exchange Limited (“SGX”) announced that it would change its reporting regimen to remove the requirement for quarterly earnings reporting to instead only require half-yearly reporting. The change provides for risk-based exceptions, which require certain companies to continue quarterly earnings reports if: A company received a disclaimer, adverse or qualified opinion from its auditor…

Stop Letting Quarterly Numbers Dictate Your Strategy

Former Jive Software CEO David Hersh says that there is too much focus on quarterly revenue numbers. He has some good suggestions — keep R&D involved in strategy, make sure the board understands that revenues are the result of strategy not the other way around — but omits the key factor of communicating effectively with…