Comments on: Interactive Financial Reporting

By: Lindsey Monroe

Lindsey Monroe — Wed, 01 Apr 2009 04:45:46 +0000

Sarah,

Thanks so much for the input. I think I will add that tid bit of information into my post as well.

Also, it’s funny you bring up the social media newsroom. Keep reading this week’s posts and you may find that you read my mind on subjects of transparency. Social media newsrooms are the next place for an organization to expand its openness.

By: Sarah Lokitis

Sarah Lokitis — Fri, 27 Mar 2009 19:41:36 +0000

This idea of interactive financial reporting makes me think of the social media newsroom. Each journalist has their own way they like to receive information and posting all different types of formats makes it easier to find the news they are looking for. It seems to me that interactive financial reporting works the same way, so investors can easily watch their company and either use the print format or an interactive format. I agree that with all the new technology we are dealing with, only posting the regular print format does not use the advanced technology and applications we are capable of in the new world of web 2.0.

I found a blog article citing the Security and Exchange Commissions new policy for interactive data in financial reporting. According to this article I listed below, large companies must publish an interactive quarterly report after June 15, 2009. Companies will be changing their set up to reflect interactive reports such as the IBM report you cited. [http://www.corporate-eye.com/2009/01/interactive-data-for-financial-reporting-and-ir/]

By: Nicole Fiorella

Nicole Fiorella — Fri, 27 Mar 2009 19:17:40 +0000

Hey Lindsey,

This is really interesting. I was extremely excited to learn about this since my blog is on interactivity, too. I tihnk the idea of interactive annual reports is really key for investors to trust a company and feel comfortable to invest in them, especially with the current stockmarket situations.

The IBM Annual Report is really informative. I think it really shows how willing the company is to being transparent with its stakeholders. I also took a look at Sun Microsystems Annual Repot, and they included even more infromation than IBM.

Sun Microsystems provided their financial information and committee memebers names, but they also provided links to their company policies. A few of these policies include how they go about giving employee compensation and the factors that apply to receiving it. There is also information about proposals that suggest new ways to elect the board of directors and even suggestions of ways to ammend policies.

I found their report to be very insightful and thought you might want to check it out, too. The link is https://materials.proxyvote.com/Approved/866810/20080924/CMBO_27948/HTML2/default.htm