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Heading towards clearer financial reporting?

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Published on: 21 August 2014

Published by a LexisNexis Corporate expert

Table of contents

Original news
Why have companies changed their annual accounts reporting?
What action have companies taken to aid clarity and conciseness to their annual reports?
What further steps could companies take to improve their reporting?
In light of the regulatory changes, what can accountants and lawyers do to help their clients produce clear and concise annual reports?

Article summary

Corporate analysis: The Financial Reporting Council’s (FRC) insight report, Towards Clear & Concise Reporting, recently concluded many companies have made progress towards providing investors with clearer and more concise financial reporting. Matt Chapman of KPMG UK LLP’s Better Business Reporting Group discusses the actions companies are already taking to improve their reports and suggests how advisors can help make them even clearer.

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