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The narrative reporting debate: everyone is concerned about it, but concerted efforts to initiate better global practices remain challenging


Non-financial disclosures and other simple bodys of narrative reporting provide important information to stakeholders, and are ofttimes key to value creation in growing industries. Despite this, or perhaps because of this, narrative reports are sometimes misleading. Accounting organizations around the globe are addressing this issue in a variety of ways, looking for best practices or legislation that will effectively stipe misrepresentation in narrative reporting.

The International Federation of Accountants (IFAC) is taking a zealous interest in these international disclosures and is looking for ways that all of its members can share the information they are collecting upon the subject. Armed ...


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