The cover of my new report on country-by-country reporting looks like this:

As I explain on the title page the picture is of Titchwell Marshes, Norfolk. But as I add:

Financial statements prepared using International Financial Reporting Standard show the big picture view of a multinational corporation; it’s a big blue-sky approach and yet foreground detail is vital to understand that perspective, to root it and to interpret it. Country-by-country reporting would provide that foreground detail that is currently missing from financial statements.

That's why we need country-by-country reporting.