Financial Reporting Lab publishes its final newsletter for 2020
11 Dec, 2020
The Financial Reporting Lab ("the Lab") has published its Q4 newsletter providing highlights of its activities in the fourth quarter of 2020.
The newsletter provides an update of the Lab's current projects and a brief overview of its other activities. Some highlights include:
- an update on the Lab's projects, including its project on 'Reporting on stakeholders and section 172 statements' and its project on 'Reporting on risks, uncertainties and scenarios'.
- an update on recent FRC publications including the Annual Review of Corporate Reporting, the Annual end of year letter to CEOs, CFOs and Audit Committee Chairs, thematic reviews into IFRS 15 Revenue from Contracts with Customers, IFRS 16 Leases and a thematic review into climate reporting.
- an update of published guidance for companies and auditors regarding COVID-19.
The full newsletter is available on the FRC website here.