Regulator advises better reporting on Covid-19

Companies need to clearly state the assumptions over issues such as whether the business is a going concern due to the impact of the Covid-19 pandemic, according to the Financial Reporting Council (FRC).

While most companies had provided Read more

Firms and auditors face a climate reporting shakeup

Firms and auditors face a climate reporting shakeup as the industry regulator the Financial Reporting Council (FRC) has announced a major review of how companies and auditors assess and report on the impact of climate change. The FRC has Read more

Businesses failing on employee disclosure

Britain’s biggest companies are failing to produce adequate data on their workforce practices, according to a comprehensive analysis of their reports and accounts by the High Pay Centre (HPC) – an independent think tank.

Its research found that there Read more

Supporting better reporting

The Financial Reporting Council (FRC) has responded to investor calls for better corporate reporting with new guidelines designed to help companies improve the way they present their performance metrics.

Investors use such metrics to make judgements that could affect Read more