Too little Too muddled Too late

A transnational study of company financial reporting is critical of the information given and the tardiness with which it is published. Here, the main points of the study are followed by a personal appraisal of company reports by one of IM's readers, Ronald Thomas. He says that the current tendency to depict financial information with bar charts and ‘profit cakes’ is more likely to insult an employee's intelligence than increase his understanding.