Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORETop investor Peter Morgan slams slippery accounting of listed firms
The use of non-standard financial measures by listed firms is out of control, with the regulators and investors being played for fools by greedy and short-term-focused management.
That's the view of one veteran investor who is alarmed by research that showed more than 40 per cent of ASX top-500 companies now use non-standard measures such as underlying profit to promote their performance to the market.
Read the full story at Australian Financial Review.
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