Corporate reporting: Exploring a new world — Part 1: Plotting the course
Can public companies be more effective in delivering useful information to the market and demonstrating the value they create?
Deloitte embarked on a comprehensive review of the current corporate reporting framework and initiated discussions with Canadian board directors. The conversations had suggested the volume and complexity of today’s corporate reporting is greater than it needs to be for investors and other stakeholders to fully understand organizations’ past performance and future prospects. Our key finding: that corporate reporting can be designed so that stakeholders are able to gain access more easily to everything they need – no more and no less.