FRC backs use of augmented and virtual reality in corporate reporting
Report says VR and AR could play “a useful role in supporting and building understanding about a company, its business model and operations”.
Image: Natee K Jindakum/Shutterstock
Bored of conventional corporate reporting? Tired of flicking through page after page of bland corporate statements and charts? Well, technology experts at a UK financial watchdog might have an answer: the use of virtual and augmented reality (VR and AR).
While both immersive technologies may be better known for enabling users to fly through space, shoot aliens or even see dinosaurs walking down their own high street, a new report concludes that they also have the potential to transform corporate statements.
The study, from the Financial Reporting Lab of the Financial Reporting Council, concludes that examples found by researchers— inc
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