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What are the recent developments in corporate reporting practice
What are the recent developments in corporate reporting practice
Solution
Some recent trends or develpoment are:
PERFORMANCE REPORTING FOR CHARITIES: The new Public Benefit Entity reporting
standards issued by the External Reporting Board and now imposed by law on registered
charities contain a rather radical new requirement: Performance reporting by charities.
INTEGRATED REPORTING: An appreciation of the wider concept of sustainability, as well as
developments in information and technology have led to recognition that the success of
organisations is not just about the traditional measures of financial and manufacturing capital.
Instead companies are increasingly required to consider a range of other very important
externalities such as environmental, social, intellectual etc.

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