A high-profile committee established to find ways to simplify financial reporting and make it more useful to investors has put the last spit and polish on its ideas.
The Advisory Committee on Improvements to Financial Reporting will present its final recommendations to the Securities and Exchange Commission on Aug. 1, but the committee has already published a draft of its final report, and the public comment period for that document closes today. CIFR will hold one final vote to ratify the report on July 31.
