Corporate disclosures must improve for financial reporting to stay relevant
Study: investors say information is too aggregated, or the disclosures are insufficient or are difficult to understand
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Michelle Quah
Singapore
SINGAPORE investors have much confidence and trust in the financial information put out by companies here, but more can be done, by companies, accountants and regulators alike, to improve the quality of information being produced.
That was the overarching message conveyed on Thursday at the year's most heavily attended accountancy conference - the Singapore Accountancy Convention (SAC), held jointly by the Accounting and Corporate Regulatory Authority (Acra) and the Institute of Singapore Chartered Accountants (Isca).
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