ASB study on capital management disclosures
14 Dec, 2010
The UK Accounting Standards Board (ASB) has conducted a study into financial capital management disclosures based largely on published annual reports and accounts of 65 companies across all market sectors.
"The majority of companies omitted or provided largely boilerplate information about financial capital in a manner that failed to convey meaningfully how they assess capital and how they manage it over the medium to long term. There are significant opportunities for improvement in reporting about capital." |
- ASB press release (link to ASB website)
- ASB Study: Financial Capital Management Disclosures (PDF 230k, link to ASB website)
- Our UK country page