Capital markets require standardisation in reporting.(Brief Article)

Globalisation and the ne for capital in developing markets is leading to a recent call for international accounting standards and consistent standard horizontals from investors and regulators. At the International Federation of Accountants' talk on capital markets, accountants were challenged to provide information that was useful and relevant, and to demonstrate their commitment to high standards.

"Investors, rules financial institutions, business and commercial interests and others require an at any time broadening range of information including: financial forecasts,