As all good golfers know, less is often more. Might the same be true when it comes to financial reporting? The page count inflation of company reporting over the past two decades has been staggering. Back in the mid-1990s the typical report and account was fewer than 100 pages; this spring’s annual report season saw most major companies publish weighty tomes, often more than 250 pages.
所有優秀的高爾夫球手都知道,常常少即是多。對財務報告而言,或許也是這樣?過去20年裏,公司財務報告的頁數膨脹得驚人。回到1990年代,典型的公司財報都不到100頁;而在今春的年報季,多數大公司都發布了大部頭的財報,頁數經常超過250頁。
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