The Rise of a Complexitocracy
Can accounting help restore simplicity and comparability to financial and risk reporting?
Published by Peter J. Hughes on GARP.org (Fri., Jly 31st, 2020)
“Complexitocracy” is not in the dictionary. But maybe it should be. If it were, the definition would be something like, “governance or control exercised by an elite of quantitative modelers.”
[Read More on GARP’s website]
About Peter Hughes
Peter is Chairman of the Risk Accounting Standards Board at RASB. He is also a visiting fellow and advisory board member of the Durham University Business School’s Centre for Banking, Institutions & Development (CBID). He was formerly a banker with JPMorgan Chase.