My last post I discussed the financial statements that are located in the annual reports. I thought it would be prudent to add my thoughts on the marketing spin that is added into annual reports and mention a financial review article that is both funny and most likely accurate depiction of some of this spin.... Continue Reading →

In chapter 3, we look into four general purpose financial statements. These were the following; The Balance sheetIncome statementStatement of changes in equityStatement of cash flow Having some basic understanding of business accounting, I thought this would be straight forward having 3-5 pages of information. What I got with SDL on the 2018 annual report... Continue Reading →

What is IFRS? IFRS is the International Financial Reporting Standards; it is a set of accounting standards developed by an independent, not-for-profit organisation called the International Accounting Standards Board (IASB).   IFRS creates a global standard in which intern helps companies report and provide accounting standards that could be understood worldwide.Many countries around the world... Continue Reading →

Hello everyone, attached is my current draft as you can see it looks a lot like my posts. Because it is, I thought by adding this; people can review my layout and formatting. Keep in mind that the formatting will be better in MS Word, and the document doesn't transfer as well as I hoped.... Continue Reading →