When it comes to financial writing, less is more

07/1/2013 | Bloomberg Businessweek

Hans Hoogervorst, chairman of the International Accounting Standards Board, wants companies to can the boilerplate, he said in a speech at an IFRS Foundation conference last week. Hoogervorst said the ballooning size of corporate reports favors compliance over communication, and that the IASB will work to clarify its standards on relevant disclosures for investors.

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