Paperless Reports Shunned


BUSINESS TRENDS
The vast majority (81%) of investors, portfolio managers and securities analysts preferred receiving printed annual reports rather than electronic ones, according to an October survey by WithumSmith+Brown ( www.withum.com ). Among the managers and analysts, the sentiment was almost unanimous (94%).

Respondents said printed reports are easier to read, file for future reference, highlight, mark up and take notes on—and they’re surely more portable.

Nearly 79% of survey respondents agreed annual reports are an important tool in making investment decisions, and fully 90% said the reports should go beyond financial and shareholder issues to also include topics such as environmental sustainability and corporate governance.

 

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.