Corporate reporting... rethought

The Report Leadership Group in the UK aims to challenge established thinking on corporate reporting. The contributors to the initiative are the Chartered Institute of Management Accountants (CIMA), PricewaterhouseCoopers LLP, Radley Yeldar and Tomkins plc. The Group believes that corporate reporting should be more relevant, informative and accessible. It should provide investors with what they want without inundating them with unnecessary detail. In its view, this means understanding that corporate reporting goes well beyond issues of measurement and accounting. The Report Leadership website includes a press release, background information and downloads of the main documents launched by the Group on November 21, 2006.