NEW YORK ( TheStreet) -- Goldman Sachs ( GS) reportedly plans to disclose more detail on the inner machinations of its operations, including how much revenue it reaps from its own trading and investing activities.

According to the Wall Street Journal, Goldman is set to release a 63-page report on Tuesday that will detail a number of changes it's making to how it does business and what information it plans to disclose to investors in the future. The firm, famous for its secrecy, is making the changes in order to alleviate the potential for conflicts of interest within its operations.



Another shift is that Goldman traders and brokers will reportedly be barred from "expressing a view" about a deal or client for 30 days in situations where Goldman serves as an underwriter.

The changes to how Goldman reports its numbers will take effect with the bank's upcoming fiscal fourth-quarter results on Jan. 19. The article said the reporting changes were "controversial" within the company because executives were concerned about disclosing information that would be put the bank at a disadvantage with competitors such as JPMorgan Chase ( JPM) and Morgan Stanley ( MS).

Goldman shares closed Monday at $169.76, down 93 cents. Wall Street is expecting Goldman to report a profit of $3.89 a share for the three months ended Dec. 31 with revenue projected at $9.1 billion, according to Thomson Reuters.

-- Written by Michael Baron in New York.

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