In recent years, there have been significant efforts to change and improve financial reporting. What is the result of these changes? Has the financial reporting process become better or worse? Have the financial reports become more or less relevant reliable and understandable? What should be done next? IFAC commissioned an independent global survey of the participants in the financial reporting supply chain to get feedback on these questions. Participants in the survey and interviews were asked about their opinions on four areas of the financial reporting supply chain: corporate governance, the financial reporting process, the audit of financial reports and the usefulness of financial reports.
No comments:
Post a Comment