Wednesday, January 19, 2011

Information overload: The paradox of better business reporting

Corporate reporting faces serious challenges, especially in the financial services sector. Disclosure requirements and best practice have always evolved in response to developing regulation and accounting standards. What is especially disruptive at the moment is that accounting standards and regulation in financial services are changing radically in response to the financial crisis. More and more weight is being loaded onto corporate reporting, but there is a risk that the benefits of progress may be swamped under a mass of detail. Read the article "Information overload: The paradox of better business reporting" in the January 2011 edition of Frontiers in Finance on the KPMG website.