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U.S. President prods regulators to look into scaling back how often publicly traded companies report financial results

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Aug 17, 2018

On August 17, 2018, Accounting Today published an article on Trump’s proposal that would do away with quarterly reports and move to a semi-annual system.

To those across the investing community who favor such an idea, it’s just what’s needed to reduce corporate costs, boost a flagging IPO market and get companies to move away from the sort of short-term focus that can harm long-term growth. To its detractors, it would be a major move to provide less information at a time when investors’ access to information has already been dramatically reduced.

Review the full article on Accounting Today's website.

Also, review the article Another look at quarterly reporting: Trump tweets in favour of semi-annual reporting on the Canadian position around interim filings in the Canadian Coalition for Good Governance monthly update.

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