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Lab insight report: Towards Clear & Concise Reporting, 2014

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Summary

The 2013 reporting cycle brought significant change for UK companies. Companies now have an opportunity to make their accounts clearer and more concise, with some companies having already taken action in this direction. This insight report is based on observations that the Financial Reporting Lab (Lab) made during a review of 2013 year end reporting. It highlights progress made by companies towards clearer and more concise reporting and provides ideas on the process of change.

Thumbnail image for The 2013 reporting cycle brought significant change for UK companies. Companies now have an opportunity to make their accounts clearer and more concise, with some companies having already taken action in this direction. This insight report is based on observations that the Financial Reporting Lab (Lab) made during a review of 2013 year end reporting. It highlights progress made by companies towards clearer and more concise reporting and provides ideas on the process of change.
Issuer

United Kingdom

Year

2014

Region

Europe

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary


Main industries targeted
  • Mining, Quarrying, Oil & Gas Extraction
  • Finance & Insurance
  • Manufacturing
  • Transportation & Warehousing
Restrictiveness

Low

Sustainable Development Goals (SDGs)
  • SDG 12: Responsible Consumption and Production
  • SDG 17: Partnerships for the Goals

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