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Posts Tagged ‘corporate reporting’

Q4 Web Systems and Virtua Research Partner to Launch New Standard of Rendering Financial Data

April 29th, 2010

Read the full release!

We are pleased to announce that we have partnered with Virtua Research to offer analysts and sophisticated investors the Interactive Analyst Center – a new standard of rendering a company’s financial data.

The Interactive Analyst Center was originally designed at the request of Agnico-Eagle Mines Limited with the purpose of providing investors and analysts the most advanced new suite of interactive financials and graphing tools, all embedded in a single, logical location — the investor section of a company’s website.

Some of the KEY FEATURES include:

  • Excel like Presentation – for ease of use and accessibility
  • Multiple Annual and Quarterly Data – for simplified, more contextual investor understanding
  • Export to Excel – statements and data can be exported for simplified model building
  • Interactive Graphs – build, select and graph interactive operational and financial ratios
  • Links to Actual Filing Data – right-click any line item to view source documents
  • Ratio Descriptions –  left-click any ratio for more detailed  information and formula

There are also many BENEFITS to making this feature available on your company website as it will:

  • Increase your company valuation with best practices transparent disclosure
  • Offer the interactivity of exporting to Excel up to 5 years of aggregated financial data
  • Save time, effort and money educating existing and potential investors
  • Improve control of your financial message for more consistent investor modeling
  • Update your quarterly financials in real time for conference call “housekeeping” questions
  • Provide new methods of visualizing financial relationships with interactive graphing tools
  • Seamlessly integrates into any corporate or investor website

Click the button below to view a live demo.

ViewLiveDemo

CICA 2009 CORPORATE REPORTING AWARDS – WINNERS

December 8th, 2009

The Q4 team attended the CICA corporate reporting awards (CRA) earlier today at the Carlu in College Park in downtown Toronto.  In cica_logo_09attendance were myself who has served as a judge for the annual awards in the electronic disclosure category for the past three years, Catherine Crofton our VP Sales & Marketing who has also participated as a judge in the electronic disclosure category for the past seven years and Karen Adams our Client Relations Director.

The CRA is in its 58th year and presents awards for excellence in financial reporting, corporate governance disclosure, electronic disclosure and sustainable development reporting to companies listed on the TSX and to federal Crown corporations.  Separate excellence and honourable mention awards are also presented to reports that are judged to be the best, regardless of industry sector, in each of these four judging areas.  Lastly, among the industry winners, one company is given the overall award of excellence for corporate reporting.

A lot of the companies were repeat winners from last year and Q4 would like to take this opportunity to extend our congratulations to all of them!
Read more…

CFO Briefing Provides Practical Tips for XBRL Implementation

July 27th, 2009

thumbnailcagwl1rsAs you may recall, we blogged about a NIRI session we attended “Understanding IR Strategies Behind XBRL – IROs Evolving Role”.  In this post we provided a broad overview of why XBRL is relevant to IROs and the requirements for adoption, a broad definition and the implications of using it to help improve processes.

Recently a report was published by The Canadian Institute of Chartered Accountants (CICA) targeted to CFO’s entitled “Transition to XBRL”. In spite of this being issued in Canada, the report provides a balanced review of what is required for U.S. companies and foreign private issuers under the SEC’s implementation schedule for XBRL as well as highlighting significant developments in the implementation of XBRL as it pertains to Canadian preparers.

It also explores the benefits and downfalls of implementation and offers some practical tips that are applicable and easily adaptable to issuers in both the U.S. and Canada.  I do recommend that you read the report in its entirety and keep it handy for reference, but wanted to provide some of its highlights.

Read more…

Legal, Social Networking and Financial Expertise Help IROs Stay on Top of Game

July 13th, 2009

global-expertiseIn a recent edition of IR Alert, Jeffrey D. Morgan, CAE, President and CEO, National Investor Relations Institute cites “the top challenge facing IR now is regulation including moves to have companies become more transparent, governance changes and generally looking at corporate practices. Regulation is one of the key challenges right now. It’s evolving rapidly and where we’ll end up is not quite known.” 

What follows is some of his advice to IR professionals for keeping pace in this rapidly changing regulatory environment.  He also discusses current challenges and opportunities and ways to address them. 

Read more…

CICA’s Corporate Reporting research documents highly valuable to IROs

July 6th, 2009

corporate-reporting-image1Last week our CEO, Darrell Heaps, and I presented to a study group formed through an initiative of the Canadian Institute of Chartered Accountants (CICA) Research Studies Department. Comprised primarily of volunteers, this panel of experienced professionals research and provide guidance for comprehensive and integrated corporate reporting in order to promote effective communication.

By reading their reports and following their guidance, any IRO in North America can improve the standards of their company’s stakeholder communications.

To familiarize you more with their work, I have provided an overview of their most recent study, Corporate Reporting to Stakeholders.

Read more…

NIRI ’09 Session: Understanding IR Strategies Behind XBRL – IROs Evolving Role

June 18th, 2009

xbrl_logoAs usual, there were a lot of great sessions to choose from at NIRI’s Annual Conference from June 7-10 in Florida.  The Q4 team attended as many as we could which meant we didn’t always have the time to do write a blog post that day.  What follows is an overview of a session I attended on Tuesday, June 9th entitled “Understanding IR Strategies Behind XBRL – IROs Evolving Role”.

Moderator/Lead Speaker
:

Mike Willis, Partner, PricewaterhouseCoopers
Chairman, XBRL International

Panelist(s)/Co-Speaker(s):
Michael Becker, VP, Global Disclosure & Financial Reporting Services
Business Wire

Read more…

Your Life as an Annual Report

January 26th, 2008

Seeing as many of you may be hip-deep in annual reporting I thought I’d share this interesting piece with you. A designer named Nicholas Felton has published an annual report of his life for the last 3 years. Although fluffy from a content perspective, Nicholas has some very creative ways to display the information of the year gone by. Read more…

Transparency and next-generation reporting

January 23rd, 2008

Article from Don Tappscot from the first day of the World World Economic Forum in Davos showed up yesterday. It has an interesting note about transparency that I wanted to share:

One of most insightful for me was with Samuel DiPiazza, the CEO of PricewaterhouseCoopers. PWC has been a leader in the next generation of reporting – they call it value reporting – where the financial report is about al lot more than earnings and financial information. XBRL and the Web 2.0 are poised to transform reporting, where the focus will not just be on compliance but on transparency.

I wonder whether PWC could finally cash in on its leadership position in this area. More important, next-generation reporting could help companies be better understood by their stakeholders, including shareholders, not to mention bring some transparency to financial markets and in doing so possibly avoid crises such as the one we are currently experiencing.

Transparency is certainly a signficant trend in corporate disclosure that we’ll be covering more in this blog over the coming weeks.

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