FRC launches strategic report on clear and concise reporting
CFA UK’s 2015 survey on investment professionals’ use of accounts – which demonstrated that the large majority of users forecast out more than three years – was cited in The Financial Reporting Council (FRC)‘s recent report Clear & Concise: Developments in Narrative Reporting.
The report introduces practical tools to help companies achieve clear and concise reporting and provides an overview of developments in narrative reporting. The FRC’s initiative aims to promote good communication in corporate reporting, ensuring that annual reports provide relevant information for investors.
Further information on the FRC’s Clear & Concise initiative can be found on the FRC website.