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Report Leadership is a multi-stakeholder group that aims to challenge established thinking on corporate reporting
See our new proposal to improve corporate governance reporting... put into practice for our fictitious company Generico.
Online reporting: Our ideas
explained
Generico online report: Our
ideas in practice
Presenting executive remuneration information: Download brochure (PDF: 694KB)
The contributors to the initiative are the Chartered Institute of Management Accountants (CIMA), PricewaterhouseCoopers LLP and Radley Yeldar. Find out more about who we are and why we did this.
We welcome your feedback: please use the contact form to share your views on our work.
Practical proposals on how to rethink governance reporting. With pressure on preparers to avoid box ticking, and to tell their governance story, the search is on for implementable ideas on communicating governance issues to investors.
In this new publication, Report Leadership suggests:
- Ways to restructure the traditional governance report to integrate the impact of governance on the company business model.
- Examples of how graphics can illustrate the board as a team, and the board actions in shareholder engagement
- Means to use the board evaluation process to explain board culture and effectiveness.
And we offer a 'compliance checker', which could be used as the basis for making the two-part compliance statement required by Listing Rule 9.8.6, as well as making it easy for readers to find mandated disclosures.
The tracker is summarised in the main report; to receive a copy of the compliance tracker please contact us.
Corporate reporting is changing.
UK regulators have published numerous enquiries into ways of making broad improvements in corporate reporting.
The Financial Reporting Council has enquired - and responded to - 'Cutting clutter', and on "Effective company stewardship"
The Department of Business, Innovations and Skills have conducted reviews into the Future of Narrative Reporting can be seen here and here. Also A Long-Term Focus for Corporate Britain: A Call for Evidence addresses many corporate reporting issues.
And outside the UK, the International Integrated Reporting Committee published its discussion paper. has begun work.
Many of the changes being encouraged or proposed by regulators reflect the best practices that we have highlighted in the Report Leadership brochure.
