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The QCA Financial Reporting Committee drafted this response to the Financial Reporting Council's discussion paper 'Louder than Words', which explores actions that could be taken to make corporate reporting less complex.  The QCA commented it that it strongly supported the project's objectives and principles, but that the overriding determinant of whether this initiative is successful as regards the reporting requirements facing quoted companies is whether the project wins the support of the International Accounting Standards Board (IASB) and the European Commission (EC).

Click here to read response (pdf)

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