Accounting Question

Accounting Question:

There are two schools of thought on interim reporting. The discrete view holds the interim report as a segment in history that stands on its own. The integral view holds the interim report as a segment or integral part of the annual report. Which school of thought do you think is correct? Why?

Your answers:

Page required: Half to one page only (Please avoid plagiarism act)

Reference: 1 or 2 references is/are required.