The Financial Reporting Lab (Lab) has one major project underway at the moment:
- Reporting on risks, uncertainties and scenarios - Investors and other stakeholders are increasingly looking for information from companies about how they will evolve, adapt and respond to changes in the external business environment. Given the current level of uncertainty in the business environment this project, launched by the Lab in September 2020, will focus on the reporting of risks, uncertainties and scenarios and consider what users want from these disclosures.
A full report which will include practical guidance and examples will follow in 2021. If you have a particular interest in this project, please see the Call for participants or contact Andrew Hyland via email@example.com.