Corporate Reporting and Communications
Corporate reporting continues to attract attention, with widespread acknowledgement that reporting complexity and varied levels of transparency make assessment and analysis of corporate performance in Australia difficult. However, successful companies recognise that transparency is a critical element of what's expected of them – a part of their 'licence to operate'.
Various developments over the last few years have highlighted the need to increase the effectiveness of corporate reporting: the 2007 introduction of the Simpler Regulatory System Act; ever increasing awareness of climate change, investor demands by for Environmental, Social and Governance (ESG) reporting, and stakeholder calls for more relevant information that properly explains corporate performance.
The end result is a real push for companies to adopt a simplified but more holistic approach to their corporate reporting, one that integrates financial and non-financial information to present a more comprehensive view of performance.
Keep up with all of the latest
corporate reporting developments.