Report on how digital reporting can help with the challenges of corporate reporting
13 Mar 2023
Chartered Accountants Australia and New Zealand (CAANZ) has released a report 'Can digital reporting tame the corporate reporting beast?', looking at the challenges facing corporate reporting and how digital reporting can help.
The report notes that:
- As the demand for more information grows, so too does the need for that information to be standardised, consistent and comparable;
- financial and non-financial information need to be prepared for a common purpose, which necessitates the adoption of a common objective; and
- the provision of information digitally is already occurring, and such an approach could be built upon for corporate reporting more broadly.
The report can be accessed through the press release on the CAANZ website.
