RESPONSES

 Most Important Statements

Additional Info. Sources

1.

Footnotes to Financials

2.

Interim Financial Statements

3.

Earnings Releases

4.

Mgmt's Discussion & Analysis

5.

Conference Calls, Meetings

SOURCE: AIMR

A recent survey of nearly 2,000 analysts and portfolio managers that rated companies on the overall quality of financial reporting (they got a "C+" if you care about that stuff), included some interesting insights into how those professionals utilize the sources of key financial information from public companies.

The chart at right shows how the investment pros rate core financial statements, but even more interesting was the list of "additional sources of key financial information" noted by the respondents, also at right.

The survey, conducted by the Association for Investment Management and Research, also noted that the most important "types" of information found in financial statements and related disclosures was information about off-balance sheet assets or liabilities, explanations of extraordinary or non-recurring charges, and information about pensions and other retirement benefits.

Complete details are available for download, below:

  Download The Study On Global Corporate Financial Reporting Quality