The value picture

Throughout the history of science, new ways of looking at the world have swept away the old. Thomas Kuhn called it revolution when one paradigm replaces another. In the evolution of corporate reporting today, some observers see a current shift akin to Einstein usurping Newton. 'We see a revolution in corporate reporting gathering momentum,' announces Roger Hughes, PricewaterhouseCoopers' UK leader of audit and business advisory services.Indeed there is an air of expectancy and excitement greeting