There have been many suggestions that reports provided to stakeholders should provide a broader set of information about a company’s performance than just financial performance.
Research information on the following issues, and then write the results of your research in an essay format.
• The main criticisms of traditional financial reporting
• What other types of information could be included in an annual report
• The costs and benefits of providing this information
• Provide your opinion on whether firms should include more than financial information in their annual reports.
• Justify your opinion.
Chapter 17 in Trotman, Carson and Gibbins, 2016, Financial Accounting An Integrated Approach.