Why we did this

Report Leadership is a multi-stakeholder group that aims to challenge established thinking on corporate reporting. They felt that corporate reporting should be more accessible and informative.

The aim was to develop simple, practical, yet effective, ways to improve narrative and financial reporting.

Members of the Report Leadership group felt that many management teams spend significant time aggregating and recalculating data from internal sources to construct the information demanded by regulatory reporting.

Analysts and investors then spend time deconstructing that information so that they can see the building blocks.

The process is wasteful and ineffective. And quite often leads to companies losing sight of the reason for doing this in the first place: communication.

Recognising that Report Leadership could not address every issue in corporate reporting all at once, we have focused on three key areas for this year’s launch:

• Effective communication
• Modelling the future
• Rethinking the financials.