Internet Financial Reporting in Egypt

Financial reporting is a practice done by organizations for mainly two purposes first to be available to investors in order to check the revenues hence, decide upon the company they will invest in. The second purpose is to be submitted to tax authorities in order to impose the suitable tax amount according to the organization revenue.Since we are living in the technology era so as most of things that was affected by the internet, financial reporting started to be done through internet theoretically these is could be perceived as an advantage for the company who applied this type of reporting.