ACCA考《公司报告P2》知识辅导1.docVIP

ACCA考试《公司报告P2》知识辅导1 本文由高顿ACCA整理发布，转载请注明出处 　　BIN THE CLUTTERThe effects of clutter have typically come in for little consideration by the preparers of annual reports. However, the phenomenon is increasingly under discussion, with initiatives recently launched to combat itIt is unusual to think about the effects of ˉclutterˇ but, increasingly, this phenomenon is being discussed. One prominent website describes clutter as follows: ˉClutter invades your space and takes over your life. Clutter makes you disorganised, stressed, out of control. Clutter distracts you from your priorities. Clutter can stop you achieving your goals.ˇ This definition of clutter may not be completely applicable to annual reports, but it is possible to see certain aspects, which are applicable.The UKˇs Financial Reporting Council （FRC）， among other organizations, has called for reduced ˇclutterˇ in annual reports. Additionally, the Institute of Chartered Accountants In Scotland （ICAS） and the New Zealand Institute of Chartered Accountants （NZICA） were commissioned by the IASB to make cuts to the disclosures within a certain group of IFRSs, and produce a report.Clutter in annual reports is a problem, obscuring relevant information and making it more difficult for users to find the key points about the performance of the business and its prospects for long-term success. The main observations of the discussion paper published by the FRC were:there is substantial scope for segregating standing data, either to a separate section of the annual report （an appendix） or to the companyˇs website immaterial disclosures are unhelpful and should not be provided the barriers to reducing clutter are mainly behavioural there should be continued debate about what materiality means from a disclosure perspective.It is important for the efficient operation of the capital markets that annual reports do not contain unnecessary information. However, it is equally important that useful information is presented in a coh