Newsroom
Reforms That Favor Non-Financial Data
Compliance Week (Full story available by subscription only)
August 19, 2008
"Significant public policy groups are jumping on a bandwagon to make corporate reporting more meaningful and useful and in a form that investors can digest in making better investment decisions," according to Compliance Week columnist Louis M. Thompson, Jr. Writing in the publication's Aug. 19 edition, Thompson took note of the CAQ's Public Dialogue Tour. He reported that the CAQ's July 22 discussion in Washington, D.C., "ranged well beyond financial reporting and rather quickly moved to the importance of providing forward-looking information in contrast to reporting historical results..." Thompson added, "With all of the muscle behind the effort to provide better, more relevant corporate information, one can hope that this movement will result in a new era of market driven corporate disclosure as opposed to mandated disclosure by the regulators."
