News from the Lab

26th March 2020

As part of a wider package of joint guidance issued, the FRC’s Financial Reporting Lab has been seeking feedback from investors on the disclosures that they would like to see and has produced a short infographic.. This work has highlighted a desire for disclosures from companies on the financial resources available to them including cash and access to additional finance (such as committed bank lines), other financing and non-standard debt arrangements (such as supply chain financing). Click on the link for further information.

20 January 2020

We have just published our latest project report: Workforce-related corporate reporting. The report provides practical guidance, including examples, of where companies can improve their reporting on workforce-related matters, and outlines investor views on this topic. The report, summary and questions for companies can be found here , here  and here.

05 December 2019

Digital Future: Structured experience - Following our recent report on AI (PDF), and the blockchain, (PDF) the Lab have launched a new project looking at the next phase in to the Digital Future impact of Augmented Reality, Virtual Reality and Video on the preparation & use of corporate reporting.  If you have a particular interest in this project, please contact

4 November 2019

Call for participants: Disclosure of business models, strategy and the longer-term

The Lab invites investors and companies to nominate their interest in participating in this first topic of the Horizons project by emailing The opportunities for participation will develop but typically consist of a combination of individual meetings of an hour and round table meetings of two hours. Participants will be kept updated on the progress of the project throughout and are encouraged to comment on drafts of the report. While early engagement in the project is encouraged, the Lab expects the peak period of participation for companies will be April to July 2020, with a final report likely to be published in autumn 2020. 
If you would like to find out what it is like to participate in a Lab project, you can watch a short video at the following link.  

22 October 2019

We have just published our latest project report: Climate-related corporate reporting. The report provides practical guidance about where companies can improve their reporting. The report also outlines what investors want to understand, questions companies should ask themselves, recommended disclosures, and a range of examples of the developing practice of climate-related reporting. Whilst reporting is a developing practice, and the Lab’s report includes some examples of current practice, expectations are changing rapidly. The report and questions for companies can be found here and here.

25 September 2019

We have just published our latest project report: Disclosures on the sources and uses of cash. The report considers how companies can answer investor’s questions around how a company generates cash and how it intends to use that cash. It provides practical guidance on how companies can give more information and context around their cash disclosures, beyond those in the cash flow statement including business model disclosures, capital allocation frameworks, reverse factoring arrangements and many others. It includes several practical examples and is available here.

01 August 2019

Your chance to get involved in the UK Digital Annual Report and Accounts field trial - Following on from the successful UK Digital Reporting Forum event in Dec 2018, the Financial Reporting Lab is hosting a field trial for UK companies to help prepare for the upcoming European Single Electronic Format (ESEF) regulation.
The introduction of the ESEF across Europe in 2020 is going to lead to a significant change to the current annual reporting process for listed companies across Europe. While the regulations have now been released, much of the practical issues that surround their implementation are yet to be considered.
This one-day event will allow you to get some hands-on experience of the tagging process, see a number of the tools in action and participate in peer-based roundtables to consider issues such as how the design process fits in, the role of the board and investor views. 
The event will be held at the Financial Reporting Councils office on Friday the 13th of September and will start at 9:30 and will end at 3:30
Spaces are limited - if you are interested in attending, please email  We would also be happy to discuss further details of the event if that would be helpful.


21 January 2019

The Financial Reporting Lab (The Lab) has published the latest in its series of reports looking at how technology might impact the production, distribution and consumption of corporate reporting. The report, “Artificial Intelligence – How does it measure up?” (PDF), explains what artificial intelligence is, where its use might make sense in corporate reporting, and explores some of the possible and current use cases for the technology.

The report considers a range of uses of the technology, from AI tools in the finance function, to investors’ use of AI to find investment relevant information.  It also highlights some of the key decisions and considerations that boards and others need to think about when using AI.

7 November 2018

On 7 November 2018 the Lab released Performance metrics – principles and practice (PDF). This report builds on the Performance metrics – an investor perspective (PDF) report , which outlined that investors want metrics to be aligned to strategy, transparent, in context, reliable and consistent. This report, which forms the final part of the project, provides guidance to companies and examples of how companies can apply those principles.

18 October 2018

On 18 October 2018, the Lab released an implementation study: Business model reporting; Risk and viability reporting – Where are we now? (PDF). The report considers how reporting practice has changed since the Lab published its original reports on Business model reporting (PDF) and Risk and viability reporting (PDF) in 2016 and 2017, respectively. It includes practical examples from companies that have implemented the recommendations from those reports.

22 June 2018

On 22 June 2018 the Lab released an investor perspective on the reporting of performance metrics (PDF) at its conference <Reporting Now >.  This forms the first phase of the project, which predominantly involved discussions with investors. The next phase of the project, including examples of how companies have put these principles into practice, will be published later in 2018. If you are an investor or company representative interested in taking part please contact

If you were unable to attend the Lab's 21st June conference, and would like to watch a video of the sessions, please click here

19 June 2018

On 19 June 2018, the Lab released a report: Blockchain and the future of corporate reporting: How does it measure up? (PDF) The report is the second technology report (following XBRL) that considers how technology might contribute to corporate reporting in the future.  It sets out how blockchain works, how it might be used in the production, distribution and consumption of corporate reporting and how it measures up against the Lab’s characteristics for future digital reporting.  It also sets out a series of recommendations.  

17 April 2018

As we look forward to our conference in June (which we hope many of you will attend) and make further progress on our two current projects, Performance Metrics and Digital Future, this Q1 newsletter provides an update on those projects, our forthcoming implementation study and some other interesting stories that we have heard about Corporate Reporting practice, in particular, a very interesting approach from Generali. We have also produced a video, "What is the Lab?" to explain how the Lab works and encourage participation from companies and investors who perhaps may feel apprehensive about getting involved. We continue to provide a safe mechanism for companies and investors to explore better ways of reporting, and the time commitment really is down to the participants' availability (even 20 minutes would be very valuable to us).

2018 News

Q1 2018 Newsletter
Q2 2018 Newsletter
Q3-Q4 2018 Newsletter

2019 News

Q2 2019 Newletter
Q1 2019 Newsletter