Is the accounting for knowledge companies right?
Professor Janek Ratnatunga makes a case for changes in accounting to Tom Ravlic
Critical Line Item with Tom Ravlic · Tommy Ravlic
May 19, 202023m 1s
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Show Notes
Professor Janek Ratnatunga is the chief executive officer of the Institute of Certified Management Accountants. He speaks with Tom Ravlic about the shortcomings he believes exist in company reporting and how intangible assets- things that have no physical substance - could be accounted for in ways that make financial statements more meaningful in his view to people using them. He also believes that the accounting framework's limitation also diminish the value of audit reports.
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