Myths about Deferred tax

There are many myths about what deferred tax is. As a result, many companies do not understand what information about deferred tax can tell investors. Thus, companies typically present that information in a technical way that investors find difficult to understand. Consequently, most investors dismiss that information as an uninteresting technicality and they ignore it.… Continue reading Myths about Deferred tax

Finding out what users need

To set good accounting standards, standard-setters need to understand deeply how users of financial statements use and process financial information. One very useful report on this topic area was an academic literature review The use of information by capital providers produced in 2013, by a team of 6 academics: Stefano Cascino, Mark Clatworthy, Beatriz GarcĂ­a… Continue reading Finding out what users need