Financial Reporting Quotes

“Effective board governance hinges on the accuracy and reliability of
financial reporting, instilling investor confidence.”
― Hendrith Vanlon Smith Jr., Board Room Blitz: Mastering the Art of Corporate Governance

“Ensuring the company's sustainable success requires a board that ensures the accuracy and transparency of financial reporting.”
― Hendrith Vanlon Smith Jr., Board Room Blitz: Mastering the Art of Corporate Governance

“Basically, financial reporting is this sinking hole at the centre of journalism. You start by swimming around it until finally, reluctantly, you can't fight the pull anymore and you get sucked down the drain into the biz pages.”
― Tom Rachman, The Imperfectionists

“A group of investments isn’t something people can touch or examine in the physical world. Instead, the statement is the lens that investors use to view and understand their finances. It is what’s inserted between the observer and the observed, which, it’s important to note, is not created by the investor.”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS

“If you reinvest dividends, which can often be a very smart investment move, you will no longer get to see on your statement what you originally paid to buy the position. Instead, our dividend profit masquerades as principal in a very powerful illusion that affects almost every investor.”
― Christopher Manske, Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS