FRC launches survey on the future of corporate reporting

Oct 18, 2019
The Financial Reporting Council (FRC) is seeking stakeholders’ views to help shape and improve information for all users of corporate reports.
 
Corporate reports should serve the needs of many users, not just financial experts. The FRC wishes to gather the views of a wide range of stakeholders with an interest in UK company reporting to help answer the question ‘what information do users need’?
 
The survey asks about personal experience and expectations when seeking and using company information and will take no more than 15 minutes to complete. It is completely anonymous.
 
Respondents views will inform the FRC’s project which seeks to make recommendations for improvements to current regulation and practice and develop “blue sky” thinking. A key aim of the project is to challenge the FRC to think more broadly in responding to the recommendation by Sir John Kingman to promote greater “brevity, comprehensibility and usefulness in corporate reporting” moving forward.

Summary results will be published alongside the Future of Corporate Reporting thought leadership paper in 2020.

The survey will be open until 15 November 2019. You can access the survey here.

(Source: FRC)