Several initiatives are under way to reform financial reporting disclosures. In this podcast, Mohini Singh, director of financial reporting policy for CFA Institute, discusses the need for investor-focused reforms that emphasize the quality — not quantity — of disclosures. In anewly released report, CFA Institute confronts disclosure problems revealed by the 2008 financial crisis and recommends how to improve the effectiveness of financial reporting.
Financial Reporting Disclosures: Lessons Learned from the Financial Crisis (audio)