TITLE

Efforts to improve corporate governance in the wake of the financial crisis should have financial reporting at their heart

AUTHOR(S)
Bruce, Robert
PUB. DATE
September 2012
SOURCE
Financial Management;Fall2012, Vol. 41 Issue 3, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The author discusses the importance of effective financial reporting in corporate reforms as demonstrated by business management decisions and failures of the 2008-2009 global financial crisis. He notes that many companies have adopted International Financial Reporting Standards (IFRS) to improve the international comparability of their annual reports. He argues that reports in this format tend to present anonymous investment data instead of real information about the specific companies.
ACCESSION #
79874033

 

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