With COVID-19 continuing to impact us all, many companies are facing a challenging year-end. While the uncertainty creates risks for annual reporting it also presents opportunities.
The FRC Reporting Lab released two short guides which cover some critical areas of focus for 2020 year-ends. These guides look back at key elements highlighted in the Lab’s previous work (COVID-19 – Resources, action, the future and COVID 19 – Going concern, risk, and viability) consider current practice, including some more recent examples.
The Reports also take a look forward at how investor information needs continue to develop. COVID-19: Resources, action, the future - a look forward COVID 19: Going concern, risk, and viability - a look forward.
To obtain a copy of the two Reports follow this link.