Steve, I would like to add to Adrien's concerns. The reports are for more than an accountant or a bookkeeper. Many people using GnuCash are managing personal finances, investments, not for profits, small businesses etc and while they may need the basic standard accounting reports (balance sheet, income statement, transaction, cash flow etc.), they also need to have reports which give them information which is more related to managing those activities and sometimes they also need to dig deeper into the information.
We need to remember that the options that are there have grown out of user requests for reports outside the basic reports and/or the need for more or different information. An additional concern is perhaps that many users have produced customized reports based on the standardized reports. I don't know to what extent these are standalone, but if changes in the underlying report affect the derived reports then we will hear screams and gnashing of teeth from the user base. GnuCash is also widely used in many jurisdictions and reporting requirements and standards and practice can vary in more than just language and date formats. Fortunately there is a strong international push for financial reporting standards (IFRS) led by the IASB. The FASB in the US is moving the GAAP towards agreement/compliance with the IFRS, and is a major participant in the IASB, but has not yet adopted the IFRS as the basis of its internal standards. Many European countries and others adopt the IFRS standards with local variation on top to meet legislative requirements in corporate law, consumer legislation etc as well as local practices. https://www.ifrs.org/use-around-the-world/use-of-ifrs-standards-by-jurisdiction/#analysis has a comlete breakdown of the current position. David Cousens ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-Dev-f1435356.html _______________________________________________ gnucash-devel mailing list gnucash-devel@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-devel
