Posted by Kirsten Gibbs Last updated 12th February 2021 reading time
I like to ask big questions of accountants in my podcast.
Professor Richard Murphy has some interesting answers.
This video of his proposes a new way of financial reporting for ‘public interest entities’ – the big corporates we all depend on for infrastructure, food supply etc., that looks at the interest of all stakeholders, not just shareholders.
I think reporting this way, even if you aren’t legally required to, could give a real advantage to some smaller, more forward-thinking businesses.
If they dared to take it.
I’d love to know what you think, especially if you’re an accountant.