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.