Deloitte comment letter on the FRC's Exposure Draft: Guidance on the Strategic Report
We have published our comment letter on the Financial Reporting Council's (FRC) Exposure Draft: Guidance on the Strategic Report, which sets out detailed guidance for companies preparing a strategic report in compliance with the revised narrative reporting regulations issued by the United Kingdom Department for Business, Innovation and Skills (BIS). These are effective for periods ending on or after 30 September 2013. We support the FRC's proposed guidance but also highlight a number of ways in which it can be improved.
The full response to all questions raised in the exposure draft are contained within the full comment letter which can be downloaded below.