On 17 October 2019, the Financial Reporting Council (FRC) announced that it would be launching a survey on corporate reporting. This is part of the FRC's project which aims to inspire the future of corporate reporting by challenging the FRC to think more broadly in promoting greater brevity, comprehensibility and usefulness in corporate reporting. By surveying stakeholders' views, the FRC intends to shape and improve information for all users of corporate reports.
The survey focused on stakeholders' personal experience and expectations when seeking and using company information. Responses will be used as the basis of the FRC's recommendations for improvements to current regulation and practice.
The survey closed on 15 November 2019 and a summary of the results, along with the Future of Corporate Reporting leadership paper, will be published this year.
The press release can be found here.
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