Tuesday, August 03, 2010

Group formed to overhaul financial reporting


Major project to overhaul financial reporting is underway

A project to overhaul company reporting has been launched by a high level group of accountants, businesses, regulators and market participants.

The International Integrated Reporting Committee will look at the wider concerns about financial reporting, in terms of addressing risk, and presenting a clearer and broader picture of companies' performance, including governance and environmental issues.

See full Article.