FRC Lab report shows need for improved workforce reporting
Jan 20, 2020
On January 20, 2020, the Financial Reporting Lab of the UK Financial Reporting Council (FRC) issued a report that reveals that reporting on workforce-related issues needs to improve to meet investor needs.
The Lab’s report provides practical guidance and examples on how companies can provide improved information to investors. It encourages companies to think of the workforce as a strategic asset and explain how it is invested in. Alongside the report, the Lab also published a summary of the report covering questions companies should ask themselves about their reporting on workforce matters.
Review the following additional information on the FRC's website: