Deloitte's latest publication analyses the annual reports of 100 listed UK companies from multiple sectors.
It examines how organisations have dealt with the latest corporate reporting challenges, including the narrative and financial elements, identifying new innovations and highlighting industry best practice as a take away for preparers to consider.
The regulatory overview provided in the main document clearly sets out the current requirements governing annual reports, changes coming into force over the next year or so, regulatory hotspots and links to further resources.
Those who may be interested in our insight are:
- FDs and FCs of public companies;
- non-executive directors, including Audit Committee members of listed companies who may be interested in narrative and financial reporting issues;
- investor relations representatives;
- company secretaries; and
- anyone else with an interest in best practice in annual reporting.
It will help you in the preparation of your annual report by:
- Showcasing the latest trends and innovations in corporate reporting;
- highlighting where organisations continue to grapple with regulatory change;
- demonstrating where we perceive clear opportunity to drive improvements as well as identifying the key pitfalls to avoid; and
- sharing ideas on how to meet the latest narrative reporting, corporate governance and financial reporting requirements.
In addition to the interactive pdf of the full analysis, we have produced a booklet comprising of two distinct parts, these are:
A summary of the key findings from the main survey, allowing you to quickly understand the areas of corporate reporting and current regulatory interest, with top tips and the identification of best practice examples.
A clear steer for your annual report
Suggestions on how annual reports can be improved in the coming reporting season based on our survey findings, areas that will be under scrutiny from regulators and ideas on how to cut clutter. Recognising that there are different appetites as to how far preparers want to go our suggestions are split into four levels, ranging from the bare minimum, to how companies can go that extra mile.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.