Network Era Corporate Reporting: Series Reports of the Financial Accounting Standards Board of the United States "Corporate Reporting Research Program": Series Reports of the Financial Accounting Standards Board of the United States "Corporate Reporting Research Program"

Author: Song Xiaoming
Publisher:
Publish Date: 2003-05-01
Features: This book was decided upon during an open meeting held by the Financial Accounting Standards Board of the United States on January 9, 1998, to initiate a special research program. The design of the program was aimed at: 1) researching the current status of voluntary corporate information disclosure; 2) proposing recommendations on how to align Generally Accepted Accounting Principles (GAAP) with the disclosure requirements of the Securities and Exchange Commission (SEC) and reduce redundancy; 3) studying the current systems related to electronic corporate information disclosure and considering the future significance of corporate reporting technologies. After three years of in-depth investigation and research, the planning committee successively released three research reports titled "Electronic Publishing of Corporate Reporting Information," "Improving Corporate Reporting: Insights into the Inner Workings of Enhanced Voluntary Disclosure," and "Generally Accepted Accounting Principles and Securities and Exchange Commission Disclosure Requirements." These three reports reflect the current issues faced by electronic corporate information disclosure from different perspectives, offering preliminary opinions on solving specific problems. They are clear in intent, rich in content, each with a distinct focus yet mutually complementary. They not only provide a wealth of specific knowledge and context about corporate information disclosure online but also offer a highly insightful research methodology. Whether for researchers or practitioners in corporate information disclosure, careful study will undoubtedly yield significant benefits.