Corporate Reporting
Overview
Building and maintaining trust has never been more important and more challenging. How business operates and what drives success are being transformed. At the same time, what customers, suppliers, employees, governments and society in general expect from business is changing. This is having an inevitable impact on what information management need to generate and what they need to communicate externally.
Reporting is evolving. It’s hard to keep up. But leading-edge companies are gaining a competitive advantage by integrating their internal and external reporting to give a clear view of their performance (financial and non-financial) and strategic aims.
Potential issues
Your corporate reporting - in all its guises - is what stakeholders use to make decisions about your business. Why should they make a financial investment in your future plans, do business with you, or join you as an employee? Good corporate reporting provides stakeholders with the information they need to make these decisions. And they want assurance that what is reported is a true reflection of reality. Ask yourself: does your reporting measure up?
Common issues include:
- You need to respond to demands to report principal risks and uncertainties and key performance indicators externally
- You want to know how your company's corporate reporting compares to your competitors or current good practice
- You want to develop the narrative reporting content of your annual report in line with current best practice guidance
- You want to develop transparent corporate reporting.
How can we help?
Our team can help you to understand how your current reporting stacks up, stay ahead of developments, and implement new reporting strategies in order to meet the needs of the capital markets, regulators and other key stakeholders. We can:
- Help management understand regulatory narrative reporting requirements and how best to respond
- Provide management with an understanding of current and best practices in narrative reporting
- Challenge management to develop an integrated reporting strategy that meets the needs of both internal decision-makers and principal stakeholders
- Assess your external communications against regulatory requirements and current good practice and benchmark against external peers.
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