Corporate Financial Reporting: Trade finance is getting attention from standard-setters

“None of the financial reporting standards that are currently in effect ensure that financial reports are transparent with regard to trade finance programmes, and stakeholders have made it very clear that their expectations are not being met …”

Bruce Pounder is the Executive Director of GAAP Lab and a globally recognized expert on emerging issues in corporate financial reporting. In this interview, he explains why organizations that set financial reporting standards have begun to pay attention to trade finance programmes and why trade finance professionals should pay attention to what those standard-setters are doing.