What are Ciscos practices for financial reporting?
One of the key factors in earning public confidence is reporting reliable financial information. Financial reporting especially for large companies can be very complicated. Cisco’s approach is very conservative. Our objective has always been to make sure that our financial information is transparent, timely, complete, and accurate. We believe it is essential to have clear policies that ensure everyone involved in managing the company from the board of directors to the line-of-business managers is able to act in the best interest of stockholders.