DISCUSSION TOPICS

STAKEHOLDER VALUE ADDED

 - THE ANSWER OR THE PROBLEM?

A discussion paper on the difficulties of using financial ratios or performance indicators such as Stakeholder Value to assess managerial performance.

THE PROBLEM WITH FINANCIAL TARGETS

DEFICIENCIES IN FINANCIAL REPORTING

• The Balance Sheet lacks the Spark of Life

• The Profit and Loss Account fails to account

• Cashflow is Unreliable

FINANCIAL TARGETS ARE DANGEROUS

SHAREHOLDER VALUE TO THE RESCUE

SUMMARY IS THERE AN ANSWER?