« Understanding the Meta-Model of a Business Report | Main | Standards Make Markets »

HBR: Why We Need to Update Financial Reporting for the Digital Era

The Harvard Business Review article by Vijay Govindarajan, Shivaram Rajgopal, and Anup Srivastava, Why We Need to Update Financial Reporting for the Digital Era, makes the following statement:

It’s clear to us from our research and from these interviews that the time has come for investor bodies and companies to rethink the financial reporting model from scratch.

While the authors say that the entire financial reporting model needs to be rethought from scratch, they also say that will not happen any time soon:

CFOs realize the growing limitations of the current financial reporting model. They are, however, extremely pessimistic about whether the model can be fixed within the current regulatory regime.

 

Posted on Saturday, December 22, 2018 at 05:53PM by Registered CommenterCharlie in | CommentsPost a Comment

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.