Discuss corporate reporting cannot achieve transparency

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Reference no: EM131340318

1. The existing conceptual framework of the accounting standards needs to be revisited to reflect the needs of all stakeholders for non-financial and forwardlooking information. Discuss.

2. Corporate reporting cannot achieve transparency. In fact, transparency in corporate reporting is significantly constrained by considerations of cost, competition, confidentiality and litigation. Discuss.

Reference no: EM131340318

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