In the wake of the recent Dick Smith retail failure, and accounting scandals at Target in Australia and Tesco's in the UK (all of which were linked to rebates), questions have been raised about whether there is sufficient disclosure of rebate information.  Whilst rebates are undeniably an important part of the retail industry landscape, they shouldn't be the beginning, middle and end of the retail profit story. As suggested in this article, perhaps greater disclosure of rebate information (particularly the proportion of profit, proporotion of receivables and proportion realised vs unrealised / unsold) might shine a light.  Such measures are likely to be met by strong industry resistance, however, as they will likely betray what is currently private information to the market and to competitors.  Time will tell whether the regulators and accounting standard setters will be motivated to "move" on this issue.