Here’s an interesting article (with links to underlying studies) from Knowledge@Wharton summarizing two studies by Gavin Cassar.  In one, he observes that (unsuprisingly)  ”internal accounting report preparation significantly improves forecast accuracy“.  The catch is: “the accuracy benefits from internal reports preparation are only observed for firms with high uncertainty” in forecasting.
In his second study, he shows how some of [...]

Posted in Articles, Business No Comments »