Value Added Reporting Revolutionizes Corporate Performance Measurement for Societal Impact
The article discusses using value added as a way to measure a company's performance, instead of just looking at profit. Value added is seen as a more realistic way to show how well a business is doing economically. This approach is gaining popularity in accounting practices, especially for big companies that have a big impact on society and the economy. By using a value added system, companies can better judge their performance and make decisions.