Thursday, November 03, 2011

Compliance mindset suppresses effective communication

I thought you would be interested in the article below that appeared in last week’s Accountancy Age. PwC’s recently launched snapshot of the FTSE 350 reporting practices here in the UK; is referenced throughout the article. I would encourage you to read this snapshot of the survey findings, which doesn’t make pleasant reading. We recognise that reporting is not made easy by the regulatory demands imposed on all companies today, but sadly too many reports display the dead hands of compliance and the editorial committee. While a few companies have cut through the historic clutter and the short-term financials to create a strategic picture of the business that is informative and convincing, they are the minority.

See full Article.