The Financial Reporting Council’s thematic review looks at the annual reports of 20 companies to draw out the features of better reporting and disclosures, whilst also highlighting areas for improvement.
Finance teams can consider steps such as hedging, fixed-price contracts, and revising production schedules to counter energy price shocks and disruption.
A UK group, The Taskforce on Disclosures About Expected Credit Losses, has published a report to help preparers to recognise high-quality ECL disclosures.
Enterprise risk management initiatives are being outpaced by the volume of risks, and organisations could face consequences as a result, according to a global survey.
Take steps to transform data into actionable insights by using a business intelligence tool, choosing new data sources, and creating an interactive dashboard.