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Future of Corporate Reporting

Paul Druckman and Deepa Raval explain the FRC's project that is rethinking corporate reporting.

Existing reports and information have been used to illustrate application of the concepts but the new model may not include all current information content and would need to accommodate future information needs.

The current model of financial reporting focuses on the information needs of investors. This project recognises that companies are accountable to a wider range of stakeholders. The project explores the role of non-financial and sustainability reporting as an integral part of corporate reporting by providing transparency on how a company is meeting its wider responsibilities.