Standard setting bodies and different kind of organizations think about expanding financial reporting to a more informative business reporting. In 1994 the Special Committee on Finan- cial Reporting (often called the Jenkins committee) submitted the Comprehensive Report de- manding a re-orientation of financial reporting on information needs of investors and pro- moted a stronger future-orientation and focus on non-financial items 8 . The Business Report- ing Research Project of FASB is based on the results of the Jenkins committee and examines best practices of voluntary disclosure of additional information like that demanded by the Jenkins committee or any other information9 . The FASB is currently working on.
