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narrative disclosure refers to all non-financial information, financial information other than the annual report and The memorandum concerned about the future development of the transition from a focus on historical information to further improve information disclosure fairness requires the annual report information, and stressed the common information, listed companies should also disclose more about the company’s personalized information more fully reveals the possible risks to help investors in decision making.
memorandum requirements,wow gold, prompted to elaborate on the company in which the industry trends, the company’s response to the development of strategic and business plans to reveal the company’s management evaluation and analysis of operating conditions for companies in the past (during the reporting period and near the period), and the company to investors judgment and expectations of the future development trends and prospects for development. disclosure of the fair.
memorandum on the 2011 annual reports of listed companies First, to provide dynamic information,wow gold, should be to conduct a comprehensive discussion and analysis on the company’s main business and the use of funds and the source of significant financial issues from the perspective of the company’s management. Highlight important information known, focuses on the management may result in financial reporting is difficult to show the company’s future operating results and financial position on major issues and uncertainties. Three focuses on the analysis, should not be confined to a brief description or enumeration. The four prominent corporate personality, should be read in conjunction with the company’s specific industry, size, market operations and business development features to highlight the company according to its own actual situation of the reporting period. Five simple and easy to understand, expressed in an objective and accurate,wow gold, easy to investors to understand. Sixth, the management should preside and participate in the preparation of the
memorandum made on some specific issues in the preparation of the Memo request, if company profits constitute a significant change in source of profit, the company should detail the specific changes. Should the company previously disclosed strategic and operational implementation of the plan or implementation of the adjustment to summarize, if the company’s actual results of operations than has publicly disclosed the profit forecast for the year or the business plan for more than 20% or 20% higher than should detail the cause of the differences. Company cash flow statement should be combined with data on companies operating activities, investing activities and financing activities generated cash flow of the composition, if the relevant data year a significant change, the company should analyze the main factors. If the reporting period, the company generated from operating activities cash flow and net profit of the reporting period there are significant differences, the company should explain why. Companies there are special purpose entities under its control, the introduction of its control over the mode and control over the content, and explain the benefits and the risks borne by the company from which you can access. The company should also introduce special purpose entities to provide financing of goods or services to support itself mainly engaged in the activities of the relevant circumstances.