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High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision making. Professional accountants are integral to all phases of organizational reporting. Read More
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The reminder summarizes the Lab’s published reports and highlights areas where relatively simple changes could improve corporate reporting, enhancing the usefulness of reports for investors.
This insight report by the Financial Reporting Lab highlights progress made by companies towards clearer and more concise reporting in 2013, and provides ideas on the process of change.
Considers the views of investors and companies in relation to the presentation, position and content of accounting policy disclosures and financial review information.
Seeks to be a catalyst to removing unnecessary text and data from annual reports.
Addresses complexity and improving the quality of financial reporting.
Provides an environment where investors and companies can come together to develop pragmatic solutions to today’s reporting needs.
April 23, 2015 - IFRS Foundation
April 22, 2015 - EY
April 22, 2015 - McKinsey & Company
April 20, 2015 - IFRS Foundation
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