The article discusses various contemporary issues in financial reporting, focusing on a user-oriented approach. It covers topics such as the nature of financial reporting, incentives for parties involved, designing financial statements, and broad principles for reporting on assets and liabilities. The researchers explore different viewpoints on stabilizing income reporting, measurement in financial statements, historical reporting, and the focus of attention in financial reporting. They also address specific issues like reporting on stock options, income taxes, foreign operations, and employee benefits. The goal is to provide a comprehensive overview of the challenges and considerations in financial reporting for users.