Primary Financial Statements

This topic also led to interesting discussions between Board members. They started with a summary of the results of a survey the staff have conducted on aggregation and disaggregation practices in different jurisdictions, and considered staff’s proposals for improvements in this area. Investors and analysts frequently seek a higher level of disaggregation than companies provide. The Board was sympathetic to the issue but there was some dissent between members about the best way to bring about behavioural change in this area.