Disclosure Management
What Is Disclosure Management ?
Disclosure management refers to the process of identifying, collecting, preparing, and distributing information to stakeholders in a timely and accurate manner. This information may include financial statements, regulatory filings, sustainability reports, and other disclosures required by law or industry standards.
What Is the Purpose of Disclosure Management?
The purpose of disclosure management is to ensure that organizations are transparent and accountable to their stakeholders, which can include investors, regulators, customers, and employees. Effective disclosure management requires a well-defined process, clear communication channels, and robust technology solutions to ensure accuracy, consistency, and timely delivery of information.
Businesses must follow either of the financial frameworks, GAAP or IFRS, for uniform reporting and regulatory compliance. Read CFO Reporting Challenges and learn to overcome them.