Study of new financial reporting models
08 Mar 2010
The Financial Reporting Faculty of the Institute of Chartered Accountants in England and Wales (ICAEW) has published Developments in New Reporting Models.
This report argues that business reporting has to change to reflect changes in business, in information technology, and in users' needs. This is a perpetual process. Therefore, the debate on the future of business reporting therefore needs to be reframed – not as a stark choice between an old model and a new one – but in terms of the need for continuing evolutionary improvements. Click to download:
- Developments in New Reporting Models – Full Report (PDF 580k)
- Developments in New Reporting Models – Abstract (PDF 54k)