26 Oct 2011
DIRECT DIALOGUE with financial report preparers is favoured by international investor association the CFA Institute.
Commenting after the launch of the Financial Reporting Council's lab - an initiative to facilitate dialogue between report preparers and users - Papa said it was "worthwhile to get stakeholders talking".
Further reading
This is preferable to "brokerage through standard setters", he continued, saying concerned parties should agree on the best approach and present it jointly to standard setters, thereby gaining "more leverage".
The FRC's financial reporting lab was launched earlier this month, and organisers hope it will act as an "experimentation zone" to get investors and business talking.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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