Investors are more concerned about improving the quality of financial disclosures rather than simply reducing the quantity of them, according to a new report from the CFA Institute, which takes aim at some recently proposed disclosure reforms that seek to cut down disclosure overload.

Both the Financial Accounting Standards Board and the International Accounting Standards Board have been working in recent years on ways to reduce boilerplate disclosures in financial reports that provide little real information. But the new report from the CFA Institute suggests that many sophisticated investors and financial analysts already have the tools at hand to wade through the obfuscating language, but still want the information in the disclosures, but they want it made more prominent and presented more clearly.

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