Financial Standards® provides a way to help industry groups, sectors
and even individual companies present meaningful and truly
comparable financial information to the investor community.
Industry
Performance Reports are developed with the investor in mind,
and can be used by stock analysts and investors as a foundation
for reliable data, particularly when the data considered meaningful
is non-GAAP in nature and no standardized framework for calculating
or presenting the data has been established.
Corporate
executives find these reports useful for investor and financial
relations purposes. The reports provide an apples-to-apples
comparison from which assertions about company performance
may be made on a relative basis.
Unlike
any research report prepared and presented to the investing
public, Financial Standards® collects meaningful reporting
data that conforms to definitions and presentations recommended
by investors and company executives alike. Using this industry-driven
criteria as reporting guidelines, Financial Standards® scrutinizes
the data to ensure that it meets the standard financial reporting
criteria and publishes quarterly reports.