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The Lab Driving improved corporate reporting to help meet investors needs

As the Financial Reporting Lab celebrates its 10th anniversary, Lab Director Phil Fitz-Gerald highlights its work and the latest resources available to preparers.

Ten years ago, the Financial Reporting Council (FRC) began a bold experiment that Improved corporate reportingsought to provide companies and investors a safe space in which to explore better ways of reporting. That experiment resulted in the formation of the Financial Reporting Lab. The Lab’s objective is to improve company reporting by working with preparers, investors and others on the areas of reporting that are particularly challenging or where investors are looking for improvements.