The FRC has been considering what cutting-edge corporate reporting looks like—and it involves virtual and augmented reality.
The annual report has been a cornerstone of corporate communications for more than 200 years, but while the past two centuries have seen sustained evolution in communications technology, the annual report remains at its core a paper document (even if that paper is a PDF on a screen). Corporate reporting requires a leap forward if it is to meet stakeholders' needs for the next 200 years. Thankfully a leap for reporting is just over the horizon.
The Financial Reporting Council (FRC), the UK accounting and reporting regulator, recently created a bold vision for a new corporate reporting model that embeds a framework of reporting connected and
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