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What are some pros and cons of the minimalist reporting model?

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What are some pros and cons of the minimalist reporting model?

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What are some pros and cons of the minimalist reporting model?

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The main pros of the minimalist reporting model is that by releasing only what must be released, that is basically the only information available users of the information can base decisions on. This can be useful, so as not to put the company or entity in a situation where information can lead to a declining situation. For instance, by not reporting contingent liabilities in situations where not necessary, users such ...

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