What a board needs on the table before it signs
A sitting that is asked to approve statements has a short list of pages it cannot skip. The rest can wait in the appendix.
Field notes
Field notes from the close
These notes come out of sittings and draft packs, not out of general advice. They are for finance directors, committee chairs, and anyone who has to put IFRS statements in front of people who will sign them.
Reading a consolidation where the numbers hide
Eliminations, NCI, and a subsidiary that reports a month late: the usual places a group pack stops being a picture of the group.
Materiality on a page a director can see
Auditors already have a materiality figure. Boards need that figure drawn against the movements they are being asked to accept.
Footnotes that change the face of the statements
Some notes are furniture. A few rewrite the line they sit under. A walkthrough should tell a director which is which before the sitting starts.
Preparing a Tbilisi finance team for the audit committee
The week before a committee sitting is not for new analysis. It is for making sure the open points, the draft, and the agenda are the same document.