How Should the Traditional Financial Statement be Reimagined?

Posted by: | Posted on: February 27, 2015 |Comments (0)|PCSB In the News
Michael Kraten

Michael Kraten

The Rhode Island Society of CPAs is trying to answer that question.

“Although many organizations are developing sustainability metrics, to the best of our knowledge, no one has yet created a hybrid set of financial statements that integrate quantitative and qualitative assets and liabilities,” said Michael Kraten, associate professor of accountancy at Providence College and chairman of the RISCPA, who was quoted in Accounting Today blog Debits & Credits.

Read more from the Feb. 17 blog post here.

Update: Kraten was also quoted on the same topic in Providence Business News on Feb. 24. Read more here.

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