Investors Financial Reporting Lab Financial Reporting Lab Publications

Financial Reporting Lab Publications

Read our latest publications

  • Digital Security Risk Disclosure [Report] [Summary] [Example bank]
  • Taskforce on Climate-related Financial Disclosures (TCFD): ahead of mandatory reporting [Report]
  • Reporting Framework Snapshots: TCFD [Snapshot]


In times of uncertainty, it is not always easy to understand where to focus disclosures. The Lab’s infographic, (and related updates which include more recent examples) and blog bring together investor discussions, market practice and insights from previous Lab reports to help companies to report effectively.

  • COVID-19 - Going concern, risk and viability – a look forward [Report]
  • COVID-19 - Resources, action, the future – a look forward [Report]
  • COVID-19 - Going concern, risk and viability: Reporting in times of uncertainty[Report][Summary]
  • COVID-19 - Resources, action, the future: Reporting in times of uncertainty[Report][Summary] [Survey Infographic]
  • COVID-19 Infographic [Report]
  • Investor expectations during COVID-19 and times of crisis [Podcast] [Blog]

Strategic Report:

Over the last six years the Lab has produced a number of reports related to the strategic report.  This series of projects began with a thematic project on how the strategic report provided an opportunity to rethink reporting in a clear and concise way. Subsequent projects have focused on how well companies are responding to investor needs across different areas of reporting addressed in a strategic report.

This was followed by a project looking at how best to describe Dividend Policy and Practice; an important element of allocating the value created by companies. 

In 2016 we issued a report on Business model reporting which emphasised the importance of the business model as an anchor for the rest of the strategic report. In 2017 we issued a report on Risk and viability reporting which emphasised the importance of specific risk reporting and viability statements which clearly express the long-term prospects of a company. In June 2018 we released an Investor perspective on the reporting of performance metrics. The second phase of this project, including examples of reporting practice, was released in 2018.

In October 2018 we released an implementation study for Business model reporting and Risk and viability reporting, to see how these areas of reporting have progressed since the reports were released.
A report on Disclosures on the sources and uses of cash was released in September 2019, a report that focuses on supplemental cash flow disclosure.
In October 2019 we released a report on Climate-related corporate reporting and in January 2020 a report on Workforce-related corporate reporting to assess how well companies are responding to investor needs in this area.
In October 2020, we released a set of tips on section 172 statements which are required within the Strategic Report or by cross-reference. This was followed by a report on stakeholders, decisions and section 172 in July 2021.
In September 2021, we released a report that investigates the information that investors want to understand relating to risks, uncertainties, opportunities and scenarios. In August 2022, a further risk-related report was released looking specifically at digital security risk disclosure.

Remuneration Report:

Disclosures around pay and performance continue to be an area of interest for investors. The Lab has looked at a number of aspects of remuneration reporting in the past relating to the changes in remuneration reporting regulations in 2013.

  • Single Figure for Remuneration [Report]

  • Reporting of Pay and Performance [Report]

Governance Reporting:

There has been a increasing focus on the Audit Committee report and the Lab issued a report setting out how it might focus on actions rather than processes in our project on Audit Committee reporting.  The Lab also considered a case study on how reporting could respond to an industry issue.

  • Reporting of Audit Committees [Report]

    • Implementation study 2015 [Report]
  • WM Morrisons Supermarkets PLC [Case Study]


Technology has the potential to rapidly change both how a company collects, produces and publishes its corporate information as well as how that reporting might be used. The Lab has undertaken projects on both the current and future impacts of technology.

  • Digital Security Risk Disclosure [Report] [Summary] [Example bank]
  • Structured reporting: an early implementation study [Report]
  • UK structured electronic reporting: resources for companies [Infographic] and survey results [Report]
  • Virtual and Augmented Reality in corporate reporting [Report]
  • Video in Corporate Reporting [Report]
  • Artificial Intelligence and Corporate Reporting – how does it measure up? [Report] [Infographic AI] (PDF) Jan 2019
  • Towards digital reporting in the UK [Blog]
  • European Single Electronic Format: Infographic (January 2018) [Report]
  • XBRL deep dive - Digital future of corporate reporting [Report]
  • Blockchain and the future of Corporate Reporting: How does it measure up? [Blogs] [Report]
  • Digital Present [Video] [Summary] [Report]
  • Making online reporting work for investors [Infographic]
  • Digital Future Framework [Report]

Financial Statements:

The financial statements are the fundamental cornerstone of corporate reporting. The provide a key resource for investors and others wishing to analyse or understand a company, however they are also an area where companies can improve the clarity and relevance of disclosure. We have looked at a number of areas of improvement since 2012.