Discussing the Future of Corporate Reporting with the FRC - Black Sun Global

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Discussing the Future of Corporate Reporting with the FRC

The Financial Reporting Council (FRC), recently set out a bold new blueprint for a modern-day corporate reporting system to better respond to the needs of users of corporate reports, in their thought leadership paper ‘The Future of Corporate Reporting’.  

In this 30 minute podcast, Sallie Pilot interviews Deepa Ravel, Director of Narrative Reporting, FRC exploring the main ideas in the paper:

  • The need for a new, principles based model of corporate reporting
  • The key principles of the new model – focusing on reporting as communications with one set of common principles for all types of corporate reporting
  • The concept of different lenses of materiality
  • The increasing importance of non-financial reporting and the need for comparable information in this area
  • How reporting can better embrace new technology

And most importantly, what the two or three most important things for corporates to be thinking about from this paper and sharing with their peers and executive teams and Board.

We are currently working with many of our clients on ‘what the future might look like’ and ‘how we might get there’. We are certain that technology will play a pivotal role in how companies communicate in an effective and engaging way with their stakeholders moving forward.

We’d love to hear your thoughts and if you are interested in joining in on of our discussion forums to explore ideas – or need any help in developing your future reporting strategy – we would love to help. please do get in touch.

Listen to the podcast.

Watch on Youtube.

For more information please contact our Senior Business Developer, Naomi Hawkins: [email protected]

Black Sun is a stakeholder communications company. We help businesses to communicate authentically how they deliver value to inspire, engage and influence their important stakeholders. We believe that inspiring strategic communications can spark positive change and drive long-term, sustainable performance. We want to work with companies who want to build better businesses through better communications.