Clarity not complexity. By Richard Mallett
Posted by AccountingWEB in In business on Wed, 09/07/2008 - 12:58
CIMA's Richard Mallett wonders if the current mortgage-backed securities crisis show that more work needs to be done in company accounts from a point of view of clarity, enhancing the financial reporting supply chain and corporate governance.
The accountancy profession is slowly getting to grips with the challenge of making reports and methods clearer to people without losing elements of information.
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