Internet Financial Reporting Discuss Some of the Issues Involved with Corporations Reporting Their

question 19

Essay

Internet financial reporting
Discuss some of the issues involved with corporations reporting their results on the internet rather than in paper based formats.

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Definitions:

Interest Method

A technique for calculating the interest expense or income on a financial instrument over a specific period based on its carrying amount and effective interest rate.

Market Rate

The prevailing price or interest rate that goods, services, or securities can be bought or sold in a competitive marketplace.

Above Face Value

A term used when a security is traded at a price higher than its nominal or face value.

Accrued Interest

Interest that has been incurred but not yet paid.