Accountancy Age reports that:
Senior US figure urges banks to create transparency instead of making changes to accounting rules at New York International Federation of Accountants' World Accountancy Forum
I'd agree with that.
It's clear the IASB has got things seriously wrong in obsessing with measurement. What people want is disclosure.
Country-by-country reporting is a disclosure standard that will massively improve transparency.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Buy me a coffee!
