Embracing the perspective of accounting as providing information to support capital allocation decisions could help avoid accounting issues ending up in the ‘Too Difficult' Box. Investors need and use information not contained in traditional financial statements. Thus, focusing on financial statements as the sole accounting output limits the ability of accounting reports to meet investors' information needs. Two issues on the horizon—accounting for digital assets and the effects of climate change—reveal how embracing this perspective could help avoid the ‘Too Difficult' Box. These issues reveal pitfalls arising from trying to fit newly created assets into categories—and consequent accounting—designed for previously identified assets. The issues also reveal potential benefits of substituting non-financial information for unavailable financial information rather than omitting the items from accounting reports. Both issues reinforce investors' need for information about risk. Digital assets, climate change, risk, and—more broadly—whether and how accounting reports should be broadened beyond financial statements motivate many interesting research questions. Insights from this research are vital as accounting faces potentially revolutionary changes in investors’ information needs.

将会计的观点视为提供支持资本分配决策的信息有助于避免会计问题最终陷入“太难”的框框。投资者需要和使用传统财务报表中不包含的信息。因此，将财务报表作为唯一的会计输出，限制了会计报告满足投资者信息需求的能力。即将出现的两个问题——考虑数字资产和气候变化的影响——揭示了接受这一观点如何有助于避免“太难”的盒子。这些问题揭示了试图将新创建的资产归入为先前确定的资产设计的类别和后续会计中所产生的陷阱。这些问题还揭示了用非财务信息代替不可用的财务信息而不是从会计报告中省略项目的潜在好处。这两个问题都强化了投资者对风险信息的需求。数字资产、气候变化、风险，以及——更广泛地说——会计报告是否以及如何扩展到财务报表之外，激发了许多有趣的研究问题。由于会计面临投资者信息需求的潜在革命性变化，因此这项研究的见解至关重要。以及——更广泛地说——会计报告是否以及如何扩展到财务报表之外，引发了许多有趣的研究问题。由于会计面临投资者信息需求的潜在革命性变化，因此这项研究的见解至关重要。以及——更广泛地说——会计报告是否以及如何扩展到财务报表之外，引发了许多有趣的研究问题。由于会计面临投资者信息需求的潜在革命性变化，因此这项研究的见解至关重要。