Volume of data in financial statement

Overnight Millionaire System

Secret Of Making Money

Get Instant Access

A simplistic (but surprisingly effective) measure of complexity is the volume of data in a financial statement. For instance, the 10K filings made by firms with the Securities and Exchange Commission (SEC) range in size from less than 200 pages to in

17 We just took the debt of the books to reduce the interest rate that we pay, they will claim, but we did mention it in a footnote. In response, we would argue that investors should not have to troll through footnotes to find out how the firm owes.

excess of 1000 pages. In table 16.1, we summarize the length of the filings for the 2004 financial year for ten large market capitalization firms in the United States.

Table 16.1: Complexity in Financial Statements: U.S. companies

Company

Number of pages in last 10Q

Number of pages in last 10K

General Electric

Was this article helpful?

0 0
The Accidental Blogging Millionaires

The Accidental Blogging Millionaires

Get Inspired By The Most Popular Bloggers Online! If You Want To Skyrocket Your Success With Business And Improve Your Overall Life You Need To Have A Look At The Accidental Blogging Millionaires! Business can be a fight, particularly when you’re trying to establish one online and like all fights, to succeed you must find the winning techniques and apply them.

Get My Free Ebook


Post a comment