Tag: financial reporting
FRC: many firms ‘not transparent about their compliance with UK code’
Issues identified include difficulties in describing how stakeholder interests are considered and failure to limit the tenure of board chairs.
Will your next annual report come with installation instructions?
The FRC has been considering what cutting-edge corporate reporting looks like—and it involves virtual and augmented reality.
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”.
Reforms impose new responsibilities on directors for financial reporting
Government recommendations on audit reform, set to be published next week, will hold directors responsible for failures in financial reporting.
Foreign audit committee members linked to low-quality financial reporting
Swedish research concludes that appointing foreign directors to an audit committee can undermine the quality of financial reporting.
Roadmap to mandatory TCFD reporting ‘should focus minds’
Some premium listed companies will see compulsory climate reporting as soon as next year. And experts warn that much work remains to be done.
How 2020 has sparked acceleration to a comprehensive reporting system
This crisis year has underlined the importance of integrated reporting to achieving global financial stability and sustainable development.
Sustainability in spotlight at IIRC Global Conference
This year’s IIRC Global Conference will be held online, enabling it to reach a wider audience in a year that has made integrated reporting more relevant than ever.
FRC issues further warning over Covid and corporate reporting
The watchdog is maintaining pressure on companies to be transparent in reporting the impact of the pandemic on their prospects.
FRC proposes ‘public interest report’ to highlight stakeholder issues
The UK watchdog calls for a “more agile approach” to corporate disclosures, with separate business, finances and public interest reports.