Current Trends in Corporate Financial Reporting- A study with Reference to Infosys Technologies Ltd.

Abstract

shareholder has the right to all financial data of a company so that he can evaluate its performance. Abridged balance sheets do not convey the full information required to be made available by the company. Nowadays cost is not a factor. It can be argued that the cost to companies in printing full balance sheets is nothing when huge amounts go in for expansiona� and diversification.