Tag: non-financial reporting
ESG reporting: what is the endgame?
Non-financial reporting is a challenge for issuers, investors and standard-setters on both sides of the Atlantic. The task ahead is to develop a coherent vision and unified agenda.
Strategic report guidance amended to include ‘broader impact’
The FRC’s revised strategic report guidance takes into account new director and company duties regarding promoting success, while considering the broader impact of their actions.
Belgian business groups publish guide on non-financial reporting law
A group of Belgian stakeholders have put together guidelines to help business leaders implement a law introduced last year on non-financial reporting.
Annual reports swell in size and content improves, but work to be done
Despite FTSE350 annual reports swelling by 25%, their content is better aligned to stakeholder requirements, and is more “joined up”, though disclosures need to focus on “actions and outcomes, rather than just processes”.
New guidelines for non-financial reporting aim to be ‘business-oriented’
New guidelines published by the European Commission on non-financial disclosures aim to encourage growth and provide transparency for stakeholders.
Audit is improving but concerns remain
The Financial Reporting Council survey reveals that audit is improving. But there remain key concerns over Big Four dominance of the market and the ability of smaller firms to keep up with the pace of technological change.