This second post on narrative reporting for financial reports, focuses on contemporary discussions on: Risk reporting (market, credit, liquidity and estimation risks) Governance reporting Environmental, Social and Governance (ESG) Risk Reporting It briefly sets out where narrative disclosures could be improved – and why they should be. Risk reporting (market, credit, liquidity and estimation risks) […]
Narrative reporting for financial reports – risk and governance
Posted on July 5, 2017 · Leave a Comment
Contemporary issues in narrative reporting for financial reports – the business model
Posted on July 4, 2017 · 2 Comments
by Carol A Adams There are some interesting contemporary debates in narrative or non-financial reporting. As ICAS notes that the term non-financial reporting refers to information which is included in those parts of corporate reports outside the financial statements. But much of that information does in fact have the potential to have a financial impact […]
Conceptualising the contemporary corporate value creation process
Posted on May 5, 2017 · 2 Comments
By Carol A. Adams The purpose of this paper is to examine and explain the complex interrelationships which influence the ability of firms to create value for their providers of finance and other stakeholders (loosely referred to in practice as “integrated thinking”). In doing so it examines the interrelationships between: environmental, social and governance (ESG) […]
The TCFD recommendations: a missed opportunity for harmonisation?
Posted on January 29, 2017 · 2 Comments
by Carol A Adams The Task Force on Climate-related Financial Disclosures (hereafter Task Force) was established by the Financial Stability Board (FSB), an international body that monitors the global financial system. Chaired by Michael Bloomberg the UN Secretary-General’s Special Envoy for Cities and Climate Change, it published recommendations in December 2016. The purpose of the […]
“93% agree that corporate reporting is critical to capturing the value creation story”
Posted on December 7, 2016 · Leave a Comment
by Carol Adams Breakfast session on the second day of the ICGN-IIRC conference and I was looking forward to some deep insights on ‘How the c-suite sees long-term value creation’. The discussion started with the highlights of some AICPA-CIMA-Black Sun-IIRC research presented in a stiff fold up brochure with lots of white space and big […]
Banks’ non-financial reporting compared: Which one would you work for? Or buy shares in?
Posted on November 1, 2016 · Leave a Comment
By Carol Adams As non-financial reporting increases in volume and importance to a range of stakeholders, it becomes an important part of any Corporate Reporting course. Approx. 260 MSc Finance and MSc Accounting students at Durham University Business School were asked to review the non-financial reporting of three banks, HSBC, RBS Group and Standard Bank […]
Cbus superannuation fund: Annual Integrated Report 2016
Posted on October 3, 2016 · Leave a Comment
By Carol A Adams Cbus superannuation fund (known as a pension fund in some countries) has just released its Annual Integrated Report 2016. The report is Cbus’s second attempt at integrated reporting and the first in which it has referred to the report as an ‘integrated report’. The 2016 report provides a clearer articulation of […]
Panel discussion on assurance of sustainability and integrated reports at the GRI conference
Posted on May 21, 2016 · 1 Comment
The title given by the GRI for this discussion was ‘Assurance trends – improving the quality of sustainability data’. But when I’m reading a corporate report, whilst I expect the data to be accurate, its the quality of the internal control, management and governance processes that matter most to me. I doubt I’d find anybody […]
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