CMA 2020 شرح سامح الليثي النظام الجديد 22

2٬430 3 دقائق

نستعين بالله ونخش على اخر عنوان لهوك ص 55
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Sustainability Accounting Standards Board (SASB)
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بس قبل ما نتكلم على المجلس ده عايز افكرك اننا قلنا ان زمان كان في separately published sustainability reports بتطلع
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وشركات كانت بطلع برضو corporate social responsibility (CSR) reports
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لكن النهاردة هتلاقي
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many organizations worldwide are now shifting
toward an integrated report
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وهنا طبعا نلاحظ ان ال
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integrated report is not a mere combination of the annual report with a separate
sustainability or corporate social responsibility report. It should be a designated, identifiable
communication.
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فطبعا تلاحظ انه بقى ال
Sustainability is an important part of integrated reporting
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حتى تلاحظ ان كيسو أما جه لسه في الفصل الاول من كتابه الIntermediate Accounting اخر اصدار ص 17 تحت عنوان الFinancial Reporting Issues
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جه قالك:
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While our reporting model has worked well in capturing and organizing financial information
in a useful and reliable fashion, much still needs to be done. For example, if we move to the
year 2030 and look back at financial reporting today, we might read the following.
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عايز يقولك الدنيا بتتغير
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ورايج قايلك:
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يا جماعة خلونا نعترف ان ال
Financial reports failed to provide some key performance
measures widely used by management
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فيا جماعة خلي بالكم من أهمية الNon financial measurements
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زي ال
customer satisfaction indexes,
backlog information, reject rates on goods purchased, as well as the results of companies’
sustainability efforts.
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وخلونا نعترف بردو ان ال
financial reports failed to provide forward-looking
information needed by present and potential investors and creditors
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حتى واحد بيعلق تعليق يضحك اوي :
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One individual
noted that financial statements in 2020 should have started with the phrase, “Once upon
a time,” to signify their use of historical cost and accumulation of past events.
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وخلونا نعترف بردو ان ال
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Financial reports focused on hard assets (inventory, plant assets) but
failed to provide much information about a company’s soft assets (intangibles). The best
assets are often intangible.
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خد مثلا:
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Consider Microsoft’s know-how and market dominance,
Wal-Mart’s expertise in supply chain management, and Procter & Gamble’s brand
image.
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الا ان كيسو قال على الرغم من التحديات دي الا انه في positive signs
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We believe each of these challenges must be met for the accounting profession to provide
the type of information needed for an efficient capital allocation process. We are confident
that changes will occur, based on these positive signs:
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من الpositive signs دي
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Already, some companies voluntarily disclose information deemed relevant to investors.
Often such information is non-financial.
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مثلا:
For example, banking companies now disclose
data on loan growth, credit quality, fee income, operating efficiency, capital management,
and management strategy.
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وكمان:
Increasingly, companies are preparing reports on their sustainability
efforts by reporting such information as water use and conservation, carbon impacts,
and labor practices.
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In some cases, “integrated reports” are provided, which incorporate
sustainability reports into the traditional annual report, leading some to call for standards
for sustainability reporting.
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يعني بيدخلوا الsustainability reports جوة الannual report
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وبيعلق يقولك:
leading some to call for standards
for sustainability reporting
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أهو بقى طلع لنا الSustainability Accounting Standards Board (SASB) ده
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ولعلمك كيسو ص في الفصل 12 بيقول:
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While over 400 U.S. companies issued a sustainability report in a recent year, there was significant variation in the content and format. Only a handful, like those prepared by
Clorox, Northrop Grumman, SAS, Genentech, and Polymer Group Inc., integrated a sustainability report with the financial statements. And with the emergence of sustainability
and integrated reporting standards, companies are voluntarily seeking assurance that their sustainability reports are meeting these standards. For example, over half of the world’s largest
companies recently reporting on sustainability also invested in external assurance for their reports. With standards and assurance, it is hoped that sustainability reports will gain the
same credibility as the GAAP-based financial statements.
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المهم ان في مجلس اسمه Sustainability Accounting Standards Board (SASB) طلع في November 2018,
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industry-specific sustainability accounting standards that cover
financially material issues.
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الميزة منه:
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The codified standards may be a resource individual organizations can use in their determination of what
items are material enough to be included in an integrated report.
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غير ان الSASB’s announcement هتساعد الشركات
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to better focus on the sustainability issues that matter to their financial performance and to communicate their performance on those issues to providers of capital.
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ولعلمك المجلس ده independent, nonprofit standard-setting
international organization
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غرضه الرئيسي
develops and maintains reporting standards that enable businesses to identify, manage, and communicate financially-material sustainability information to their investors.
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واحد يقول جميل …يعني استفدنا ايه بعنوان هوك ده؟؟
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مش احنا قلنا انه للاسف في Challenges كبيرة جدا في تطبيق الINTEGRATED REPORTING
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طيب خلاص اهو وجود حاجة زي
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Sustainability Accounting Standards Board (SASB), can help overcome this
problem.
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طيب نوقف البوست ده على كدة وبالشكل ده بفضل الله وكرمه تم تغطية عنوان الINTEGRATED REPORTING بالكامل من جليم وهوك وويلي والكلمتين اللي قالهم كيسو في كتابه اخر اصدار
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طيب نخلي البوست اللي جاي نقول ايه الخلاصة المطلوبة مننا في الINTEGRATED REPORTING