Why are the same financial reporting mistakes still appearing every year, even with no new standards to blame? In this episode, Wayne and Judith unpack the recurring issues they saw across the June 2025 reporting season and why these errors continue to trip up preparers and auditors. They break down the themes causing the most trouble: boilerplate or missing accounting policies, “single segment” disclosures that don’t match how the business is actually run, incorrect revenue disaggregation, I...
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Why are the same financial reporting mistakes still appearing every year, even with no new standards to blame? In this episode, Wayne and Judith unpack the recurring issues they saw across the June 2025 reporting season and why these errors continue to trip up preparers and auditors. They break down the themes causing the most trouble: boilerplate or missing accounting policies, “single segment” disclosures that don’t match how the business is actually run, incorrect revenue disaggregation, I...
Why are the same financial reporting mistakes still appearing every year, even with no new standards to blame? In this episode, Wayne and Judith unpack the recurring issues they saw across the June 2025 reporting season and why these errors continue to trip up preparers and auditors. They break down the themes causing the most trouble: boilerplate or missing accounting policies, “single segment” disclosures that don’t match how the business is actually run, incorrect revenue disaggregation, I...
Financial Reporting Conversations
Why are the same financial reporting mistakes still appearing every year, even with no new standards to blame? In this episode, Wayne and Judith unpack the recurring issues they saw across the June 2025 reporting season and why these errors continue to trip up preparers and auditors. They break down the themes causing the most trouble: boilerplate or missing accounting policies, “single segment” disclosures that don’t match how the business is actually run, incorrect revenue disaggregation, I...
