FRC launches 'Horizons' project series
05 Nov 2019
The Financial Reporting Lab of the UK Financial Reporting Council (FRC) 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 project will consider what users want from business model and strategy disclosures and how companies might best communicate the longer-term. It 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.
Please click for more information on the FRC website.