When it comes to the quality and depth of reporting on key financial and operating metrics, it’s more important than ever for companies to meet and exceed the expectations of Wall Street and major investor communities. In addition, since many entertainment and media companies have public listings on both US and other national stock exchanges, they face dual or multiple reporting requirements in International Financial Reporting Standards (IFRS), European national GAAPs, UK and US GAAP.
A growing body of evidence indicates that companies that fall short of shareholder expectation with regard to disclosure risk an erosion of confidence that can, in turn, do damage to market capitalisation, credit, and liquidity. But along with negative pressures, there are also positive reasons for going transparent. Your company’s non-financial assets — such as brands, market share, customer retention levels, and intellectual capital — are of intense interest to investors. Companies that report more comprehensively on these important non-financial assets can often improve their valuation in the capital markets.
How PricewaterhouseCoopers can help you
PricewaterhouseCoopers (PwC) has a proven approach to transparent corporate reporting that supplements a company’s financial disclosures by conveying a detailed picture of its non-financial value drivers and intangible assets. In essence, our approach provides a window through which investors can share management’s view of the business’s key metrics — its competitive positioning, success in executing strategy, risk profile, and unique value-creating competencies and assets.
PwC corporate reporting specialists can work with you to develop a better understanding of the investment community’s information needs about your company. We can also work with your board and management to help your company deliver high-quality information not only about its financial performance but also on its most important non-financial measures.
