Traditional accounting numbers and metrics fall short in measuring value created for all stakeholders. Here’s a framework that can help organisations better articulate the purpose and value of their activities.
Stakeholders worldwide are demanding more transparency and greater attention to environmental, social, and governance matters from organisations.
The UK regulator has set out how reporting under IAS 7, Statement of Cash Flows, and IFRS 7, Financial Instruments: Disclosures, can be improved.
The Financial Reporting Council highlighted investors’ future reporting expectations during the pandemic and UK’s EU exit periods.
The UK government issued a set of equivalence decisions across several financial services areas for firms from EU and European Economic Area states and set out finance initiatives for greening the economy.
The Financial Reporting Council says the statement of cash flows is the most common source of identified material errors in company reporting.
The UK’s Financial Reporting Council has set out three sets of amendments — to FRS 101, FRS 102 and FRS 105, and FRS 104.
The Institute of International Finance and the UN Environment Programme published a how-to guide to help financial institutions produce more uniform and comprehensive disclosures on climate risks.
UK regulator stresses the value of clear disclosure of actions taken ‘at different stages in the recovery process’.
The UK’s Financial Reporting Council has recommended boards increase their AGM engagement through a ‘significant increase’ in use of technology.