This article talks about a survey taken by KPMG LLP and the Financial Executives Research Foundation addressing the increase in disclosures and the resulting effect it has on investors and financial executives. According to the study, the volume of disclosures has increased 16 % over the past six years. This alarming increase in disclosures, along with a 28% increase in footnotes, has made it difficult for investors to absorb the large amount of information. Some argue that this much disclosure is necessary to justify the complex accounting transactions taking place, while other believe this is just a tool for companies to hide important information by clouding it with excess, useless information. What do you think?