Tomorrow's Corporate Reporting: A critical system at risks
To minimise future systemic risk, the corporate reporting system must evolve. If it doesn’t, financial capital will be misallocated, business decisions will suffer, and society will struggle to understand the critical contribution business has to make.
This report by PwC, Tomorrow's Company and CIMA is intended as a catalyst for a progressive debate about the future of the reporting system and how change can meet the needs of business and society in the twenty-first century.
The research is based on a global call for evidence and interviews with key global business leaders. Uniquely, the study looked at the whole reporting system (people, organisations, rules and processes), rather than just the reporting model (specific requirements) or the content of the ‘ideal’ report.