I thought it worth sharing this Twitter narrative from Alex Cobham of the Tax Justice Network on the significance of the Big 4's endorsement of country-by-country reporting at Davos, which I have already mentioned this morning:
I support the call that the GRI standard become the standard.
But I'd add a caveat, as a member of the committee that wrote it (as Alex was too): good guidance notes are still needed. This cannot work without them being added and they have not been done as yet.
I'd be delighted to work on that issue, but some funding will be required. The rate of return on the investment made would be considerable.