Monday, November 15, 2010

Accounting profession to play key role in integrated reporting

The profession is to play a key role in helping companies report on both financial and non-financial results in the future. The conclusion came as the final session at the World Congress of Accountants discussed the profession's future over the next decade. Reporting that encompasses economic, social and environmental results will become "the norm", according to the International Federation of Accountants (IFAC) chief executive, Ian Ball. (Read the article at Accountancy Age online.)