Unformatted text preview: companies present information to decision-makers. Why might adding extra pages to the annual report not be beneficial to investors and analysts? What should be management's overriding objective in financial reporting? Answer: When given too much information, investors may suffer from “information overload”—they may have a hard time sorting out what is important from what is not. Management's overriding financial reporting objective should be to provide an accurate depiction of the company's financial position and operating results in a clear and concise fashion. It should provide as much detail as is necessary to accomplish that....
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- Spring '11
- Accounting, annual reports, Steve Cole/ PhotoDisc, length. Nortel Networks, investors. Naturalgas producer, eyeglazing annual report