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FRC publishes 2024 Annual Review of Corporate Governance Reporting

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Published on: 26 November 2024

Published by LNB News

LNB News 26/11/2024

Document Information

Issue Date: 26 November 2024

Published Date: 26 November 2024

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Reporting Council (FRC) has published its 2024 Annual Review of Corporate Governance Reporting, showcasing examples of good reporting and exploring areas for improvement. The report provides important insights as companies prepare for the transition to the revised UK Corporate Governance Code, effective from January 2025. While reporting quality remains strong, the FRC highlights the need for more outcomes-focused disclosure and improved reporting on risk management and internal controls.

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