As we head into the main corporate reporting season, it’s time to have a look at some of this year’s hot topics.
The good news is that there are no additional disclosure requirements for the strategic report this year. Companies therefore have more freedom to focus on improving their annual reports.
The less good news is that even though the rules haven’t changed, there are several areas that are interesting the government, the Financial Reporting Council, the media and even the general public. In no particular order, these are culture, risk, tax, executive pay, boardroom behaviour and business models. We think every company should be looking hard at how they discuss these items. (more…)