So Much To Learn

摘要

Accoutants are mere recorders, whereas forecasting lies within the province of chartists, economists and strategists. Yet accountants must share at least some of the blame for the lapse in forecasting reliability. After all, investment strategists require indicative source material in the form of financial statements prepared and audited by accountants. The principal justification for today's cutting edge International Financial Reporting Standards technology is that financial reporting must serve the markets with data that is consistently trustworthy.