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.
所有优秀的高尔夫球手都知道,常常少即是多。对财务报告而言,或许也是这样?过去20年里,公司财务报告的页数膨胀得惊人。回到1990年代,典型的公司财报都不到100页;而在今春的年报季,多数大公司都发布了大部头的财报,页数经常超过250页。
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