neoaccounting

Corporate reporting is how companies communicate with stakeholders as part of their accountability and stewardship obligations. Corporate reporting needs to keep pace with the developing economic reality and address the needs of a wider stakeholder audience. Rapid changes in the broader business environment have increased concerns over whether corporate reporting is continuing to fulfil its objectives. The momentum for change toward better communication and improved accountability is obvious from the increasing public debate in and interest for corporate reporting. However, a common view has yet to emerge on what the problems are, let alone how to adapt corporate reporting to achieve a better depiction of companies’ economic position and performance. Launching the debate In 2015, Accountancy Europe published the Cogito paper,   The Future of Corporate Reporting – Creating the Dynamics for Change , to stimulate an open debate among different constituents. It puts forwar...