Mid tier firm wants to see cut in regulation
Investors are alienated and confused by company reports according to a mid tier auditor which wants to axe the amount regulation and complexity in annual reports.
Accounting firm Grant Thornton (GT) wants the UK’s reporting regulator, the Financial Reporting Council (FRC), to confront the international accounting rule maker over the complexity of corporate reporting.
The FRC also wants to reduce the complexity in company reporting, and has asked for suggestions on how regulations could be redrafted. The submission period closed today.
See full Article.
Posts
