“Financial reporting in the United States of America: elements and transparency concerns”

The thesis is a walkthrough of the relevant elements of the financial reporting process in the United States of America for the assessment of the transparency objective. It will start taking a look at the object of the process, the financial information itself, more specifically a full set of financial statements and will continue discussing the subject regulating the process with the filing requirements. The discussion will continue with the actors of the process, companies that file their information with the authorities, mainly concentrating the attention on the filing content and requirements for the different types of firms. Next up, a glance will be given to the place where the information is found. Finally, the reasearch addresses the main concerns found in the American reporting system, using other accounting Frameworks as a comparison mean. The enhanced knowledge of the reporting system along with the empirical findings within the research will lead to the final conclusions.

The thesis is a walkthrough of the relevant elements of the financial reporting process in the United States of America for the assessment of the transparency objective. It will start taking a look at the object of the process, the financial information itself, more specifically on a full set of financial statements and will continue discussing the subject regulating the process . The discussion will continue with the actors of the process, companies that file their information with competent authorities, mainly concentrating the attention on the filing content and requirements for the different types of firms. Next up, a glance will be given to the place where the information is found. Finally, the reasearch addresses the main concerns found in the American reporting system, using other accounting Frameworks as a comparison mean. The enhanced knowledge of the reporting system along with the empirical findings within the research will lead to the final conclusions.