CCR Analysis: Annual Report Financials Get Fatter.

PositionCommittee on Corporate Reporting - Brief Article - Statistical Data Included

An analysis by FEI's Committee on Corporate Reporting of annual reports over a l0-year period (1983 to 1998) shows a dramatic 10-page increase in the quantity of financial information. The average annual report jumped from 52 pages to 62 pages.

MD&A and footnote disclosures account for the largest increases; footnotes represent one-third (20 pages) in the average 1998 annual report. In addition, 100 percent of sample companies include a management report in their 1998...

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