Man looking at AR on a device

18 February, 2021

FRC backs use of augmented and virtual reality in corporate reporting

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:...
Empty boardroom table and chairs

5 February, 2021

Reforms impose new responsibilities on directors for financial reporting

Reforms set to be published next week will propose fines and bans for directors held responsible for failures in financial reporting. According to the Financial Times, BEIS (the Department...
Directors around a table featuring foreign language phrases

5 January, 2021

Foreign audit committee members linked to low-quality financial reporting

Much is made of recruiting board members from around the world. Non-executives from distant shores can add value and certainty provide knowledge of foreign markets. But do foreign directors add value ...
Melting ice cap

19 November, 2020

Roadmap to mandatory TCFD reporting ‘should focus minds’

When it comes to mandatory climate-related risk reporting there isn’t as much time as recent headlines might suggest. The government has said the legal framework to make it compulsory will be in pla...
Person placing final piece of jigsaw puzzle

10 November, 2020

How 2020 has sparked acceleration to a comprehensive reporting system

2020 has undoubtedly been a crisis year. The global pandemic, climate change and the challenges of inequality and the infrastructure gap have tested organisations’ resilience like never before, and ...
Interconnected points on a globe

30 October, 2020

Sustainability in spotlight at IIRC Global Conference

The growing importance of integrated reporting will be explored in November when experts, business leaders and investors from around the world gather online to explore the issue of sustainable value c...
Covid-19 crisis and stock market prices

22 October, 2020

FRC issues further warning over Covid and corporate reporting

Watchdogs have stressed yet again that companies be plain in disclosing their performance prospects as a result of the pandemic in their reporting. The warning comes in the Financial Reporting Coun...
Corporate reports on a boardroom table

9 October, 2020

FRC proposes ‘public interest report’ to highlight stakeholder issues

With all the talk of stakeholder interests in business it was only a matter of time before corporate reporting began to catch up. And so it has. This week sees the UK reporting watchdog issue proposal...
Covid-19, coronavirus, hits markets

21 July, 2020

Covid-19: FRC urges companies to provide ‘more extensive disclosures’

The campaign for companies to fully report the impact of Covid-19 on their performance continues. A report from the Financial Reporting Council (FRC) published this week sees the regulator “remindin...
financial disclosures during covid pandemic

17 June, 2020

FRC urges ‘clear and timely’ disclosures on company prospects

UK corporates facing a significant recession have been warned their financial disclosures must fully recognise the risks to their survival. Investors expect painful transparency for company prospects,...