During 2007, IFAC initiated a Financial Reporting Supply Chain project. The focus of the project was to focus on exploring the current state of financial reporting globally, whether or not it has improved in recent years, and whether it is more relevant, reliable and understandable. During March 2008, IFAC issued a final Financial Reporting Supply Chain report which summarizes results from on-line surveys and interviews conducted in 2007 with high-level accounting professionals. A copy of the report can be found below.
› Download PDF