Upcoming FASB and SEC initiatives will ensure that companies' reporting burden will continue to grow
Companies' financial reporting burden has grown decidedly heavier in the last couple of years, and upcoming FASB and SEC initiatives will ensure that the trend continues. Financial Executives International (FEI), based in Florham Park, N.J., has published a list of the critical financial reporting challenges companies can expect to face in 2005. The list was compiled by FEI's CEO and president Colleen Cunningham.
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