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Comment by CSMastermind

6 hours ago

When people think of automation I'm assuming their thinking of the financial statements (balance sheet, income, cash flows, equity).

Reporting also contains narrative explanations by management of: the company's financial health, updates on any new or existing market risks and the company's strategy to deal with them, any changes to controls or accounting procedures, updates on any new or existing litigation, and more.

These reports need to be certified for truth by the CEO, CFO, and relevant officers under penalty of 10+ years in jail and millions of dollars in fines personally.

It's also common to do a press release, earnings call, and investor presentation but those aren't required.