The paper by ACCA's Global Forum for Corporate Reporting discusses the role of financial reporting in providing historical financial information to enable others to make their own predictions. The report highlights the importance of financial reporting in offering business-relevant qualifications to people around the world who seek a rewarding career in accountancy, finance, and management. The report also emphasizes the values of opportunity, diversity, innovation, integrity, and accountability, which are aligned to the needs of employers in all sectors. The report supports its 170,000 members and 436,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills needed by employers.