November 2023
The Financial Reporting Council (FRC) has today published a report looking at how companies can improve their corporate reporting by taking a more focused , strategic approach to assessing materiality.
Following interviews with companies, investors, advisors and other stakeholders, the new report, “Materiality in practice: applying a materiality mindset,” encourages companies to think holistically about what information is material to their stakeholders when preparing annual reports.It provides practical suggestions and examples for identifying material issues, where reporting could be streamlined and prioritising key messages.
Find out more
here.
Source: www.frc.org.uk