Governments and investors alike now demand more financial transparency from public companies. And, given the impressive evolution of technology and business practices, there is no excuse for reporting that is anything but spot-on. Intangible factors that are not taken into account when following U.S. Generally Accepted Accounting Principles (G.A.A.P.) -- such as brand value, intellectual capital, growth expectations and forecasts, and corporate citizenship -- are now being recognized as important drivers of shareholder value.
A new white paper from Accenture explores "Enhanced Business Reporting" -- remember the term -- as a means for businesses to gain and communicate a clearer picture of company goals and performance.
See full Report, in pdf format.
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