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Disclosure Dilemma: When more (data) leads to less (information)!

Musings on Markets

Some of this surge can be attributed to companies becoming more complex and geographically diversified, but much of it can be traced to increased disclosure requirements from accounting rule writers and market regulators.

GAAP 52
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How to Build Shareholder Trust with Reliable Financial Reports

Planful

The company’s leadership used fake holdings and off-the-books accounting practices to deceive regulators. Disclose mandatory information —such as any account changes, errors, asset retirements, and insurance contract changes—about the company’s fiscal position at present and in the future. at its peak to $0.26