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The revolution ahead in financial reporting: a new world – what the income statement means to financial reporting

David Damant (David Damant is Chairman of the Accounting Advocacy Committee of the United Kingdom Society of Investment Professionals, and a former Board Member of the International Accounting Standards Committee)

Balance Sheet

ISSN: 0965-7967

Article publication date: 1 December 2003

8547

Abstract

David Damant, one of the leading thinkers in the investment analysis world, shows how the proposed new income statement will change the world of financial reporting, leading to clarification, fair values and a much simpler system by emphasizing cash flow.

Keywords

Citation

Damant, D. (2003), "The revolution ahead in financial reporting: a new world – what the income statement means to financial reporting", Balance Sheet, Vol. 11 No. 4, pp. 10-18. https://doi.org/10.1108/09657960310502494

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MCB UP Ltd

Copyright © 2003, MCB UP Limited

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