Horizons Project
Background
The Financial Reporting Lab is inviting investors and companies to participate in a new project on the disclosure of business models, strategy and the longer-term. The project is part of a new series focused around integrating longer-term time horizons into reporting
The first reporting topic project will consider what users want from business model and strategy disclosures and how companies might best communicate the longer-term. The scope of the project is likely to:
- explore how companies develop, monitor and communicate their business model and strategy;
- examine how companies include a longer-term focus in their reporting;
- consider how companies communicate uncertainty in their disclosures;
- analyse how investors use this information in their decision-making process and identify whether emerging reporting meets investor needs;
- discuss which areas of reporting are most challenging for companies;
- consider the extent to which UK companies can learn lessons from emerging international reporting practice; and
- highlight best practice in current company reporting.
Current status of the project
The project was launched in November 2019. A final report is likely to be published in autumn 2020.