Recommendations by the UK’s Financial Reporting Council cover consistency, transparency, obtaining third-party advice, and other topics relating to discount rates.
Mandatory climate disclosures for the largest companies were enshrined into UK law last week. Here’s what companies will need to disclose after the law takes effect in April.
A company can strengthen its business model by aligning culture with purpose, values and strategy, according to a UK Financial Reporting Council report issued Thursday.
The Value Reporting Foundation published its six Integrated Thinking Principles on Tuesday, with the goal of helping organizations embed integrated thinking into their endeavors.
Targeted amendments proposed by the International Accounting Standards Board are designed to provide more information about the effects of supplier finance arrangements on a company’s liabilities and cash flows.
The proposal would require companies to report information to help investors assess whether noncurrent liabilities with covenants could become repayable within 12 months.
The newly announced International Sustainability Standards Board may have standards ready to publish in the second half of next year. Prototypes offer a look at what might be included in the proposed and final standards.
