Financial Reporting Disclosures: Lessons Learned from the Financial Crisis

Several initiatives are under way to reform financial reporting disclosures. In this podcast, Mohini Singh, director of financial reporting policy for CFA Institute, discusses the need for investor-focused reforms that emphasize the quality — not quantity — of disclosures. In a newly released report, CFA Institute confronts disclosure problems revealed by the 2008 financial crisis and recommends how to improve the effectiveness of financial reporting.