The Future of Financial Reporting: TBC

by Krish Bhaskar, John Flower

The key message of this book is that the world is changing and that accounting, financial reporting and auditing must change in order to avoid the prospect that all three fail to meet the demands of society and thus become irrelevant. The book identifies four forces that will cause the future to be different from what it is now. Accountancy needs fundamental reform. Integrated reporting , whilst still keeping to some of its original ideals, seems to have failed in its current form. This book develops a novel but thoroughly practical form of financial reporting - hybrid accounting - which should enable accounting and financial reporting to meet the challenge of the future.

256 pages, Hardcover

Published June 8, 2018