What’s in store? | Retail and consumer sector disclosures – analysts and investor insight

Good corporate reporting is all the more important in today’s economic climate so we have included a summary of a number of improvements that could be made to disclosures in annual reports for retail and consumer companies. Mark Gill looks at how companies in the sector could answer these needs from the perspective of the investor community.

If the investment community were in charge of the evolution of reporting, what would they change? Investors and analysts have identified a number of areas where financial statements are not meeting the needs of the capital markets. These include non-GAAP disclosures. Cost of goods sold, debt covenants, impairment and revenue recognition.