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Microsoft's Bob Laux, Director, Technical Accounting and Reporting
Posted Tuesday, March 29, 2005 at 7:49:33 AM

Interview with Microsoft's Bob Laux, Director, Technical Accounting and Reporting.

Microsoft is a charter member of the Enhanced Business Reporting Consortium, www.ebrconsortium.org. The organization's goal is to establish a consortium of investors, creditors, regulators, management and other stakeholders to improve the quality and transparency of information used for decision-making.

The consortium believes that greater transparency in business reporting will help strengthen the economy and protect investors. All stakeholders could benefit from better information.

Management needs better information to optimize allocation of resources' primarily capital, but also labor

Boards of directors need better information to provide the level of oversight that shareholders demand

Investors need better information to more efficiently and effectively allocate and price capital

Regulators need better information to ensure that the capital markets... read more