GOOD FINANCIAL REPORTING ESSENTIAL TO EMERGING MARKET BUSINESSES
November 1st, 2012
BY MJ DESCHAMPS
FOR multinational businesses, comprehensive and precise financial reporting is critical for a company's success, and such good practice is also essential for companies striving for profits within emerging markets.
Earlier this year, the World Bank's International Finance Corporation (IFC) released a report 'Being the Change: Inspiring the Next Generation of Inclusive Business Entrepreneurs Impacting the Base of the Pyramid', which highlights the IFC's 'inclusive business models' strategy. It says companies are a key weapon in fighting poverty ...
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