Trends in Presentation of Financial Statements and Disclosures of Information: A Case Study of Bangladesh Banking Industry

Sharmeen Akter

Abstract


This paper analyses the trends of presentation and disclosures of financial statement data of Bangladesh banking industry. Five well-performing banks in Bangladesh have been selected, and a rigorous scrutiny has been placed on the type of information presented in the annual report, and how it is presented. The annual reports of the banks have been reviewed, and the key areas (such as volume and structure of financial reporting, disclosures of judgments in applying accounting policies, fair value measurement, presentation of notes, and disclosure of measurement bases) have been examined. Finding shows that average volume of information placed in annual report has been increased in respect of previous year. Banks have also moved to address non-mandatory disclosures as well though it is also considered that more disclosures do not indicate quality reporting or more transparency.

Aus. J. Acc. Eco. Fin. Vol 3(1), April 2017, P 1-8


Keywords


International Financial Reporting Standards; Banks; Presentation; Annual Report

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