In 2016 the UK Financial Reporting Council objected to the proposed European Union directive on integrated reporting

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In 2016 the UK Financial Reporting Council objected to the proposed European Union directive on integrated reporting for large companies. The discussion seems to revolve around disclosure of specific items of information versus discretionary disclosure based on the perceived relevance or importance of the information in relation to the reporting company’s strategy. Discuss the pros and cons of discretion in relation to the disclosures in integrated reporting.

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Financial Accounting And Reporting

ISBN: 9781292255996

19th Edition

Authors: Barry Elliott, Jamie Elliott

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