Corporate Reporting Thematic Reviews and Generic Press Notices
5 minute read
Over the course of a year, we undertake a number of thematic reviews of certain aspects of companies’ corporate reports. In addition, from time to time, we may issue a generic press notice on a specific aspect of corporate reporting.
These reviews focus on areas of corporate reporting in which we believe there is scope for improvement and particular shareholder interest. The thematics’ findings are based on a sample of limited-scope reviews of company accounts, together with the results of our broader-scope routine monitoring activities. The aim of this monitoring activity is to drive continuous improvement in the quality of corporate reporting and to identify good examples of clear and concise disclosures. The FRC shares these good examples to help others raise the quality of corporate reporting.
| Name | Reporting by the UK’s smaller listed companies |
|---|---|
| Publication date | 19 November 2025 |
| Type | Thematic review |
| Format | PDF, 24.5 MB. View HTML version |
| Name | IFRS 2 'Share-based Payment' |
| Publication date | 21 October 2025 |
| Type | Thematic review |
| Format | PDF, 1.4 MB. View HTML version |
| Name | Investment trusts, venture capital trusts and similar closed-ended entities |
| Publication date | 21 October 2025 |
| Type | Thematic review |
| Format | PDF, 1.7 MB. View HTML version |
| Name | Supplier finance arrangement disclosures |
| Publication date | 30 September 2025 |
| Type | Appendix |
| Notes | Note this content is extracted from the Appendices of the 'Annual Review of Corporate Reporting 2024/2025' |
| Format | PDF, 289.7 KB. View HTML version |
| Name | Review of disclosures of a pension accounting surplus |
| Publication date | 30 September 2025 |
| Type | Appendix |
| Notes | Note this content is extracted from the Appendices of the 'Annual Review of Corporate Reporting 2024/2025' |
| Format | PDF, 248.6 KB. View HTML version |
| Name | Climate-related Financial Disclosures by AIM and Large Private Companies |
| Publication date | 21 January 2025 |
| Type | Thematic review |
| Format | PDF, 2.8 MB. View HTML version |
| Name | Retail sector focus findings |
|---|---|
| Publication date | 24 September 2024 |
| Type | Appendix |
| Notes | Note this content is extracted from the Appendices of the 'Annual Review of Corporate Reporting 2023/2024' |
| Format | PDF, 134.0 KB. View HTML version |
| Name | Offsetting in the financial statements |
| Publication date | 5 September 2024 |
| Type | Thematic review |
| Format | PDF, 1.1 MB. View HTML version |
| Name | IFRS 17 Insurance Contracts Disclosures in the First Year of Application |
| Publication date | 5 September 2024 |
| Type | Thematic review |
| Format | PDF, 895.4 KB. View HTML version |
| Name | Reporting by the UK’s largest private companies |
| Publication date | 31 January 2024 |
| Type | Thematic review |
| Format | PDF, 1.0 MB. View HTML version |
| Name | IFRS 17 ‘Insurance Contracts’ Interim Disclosures in the First Year of Application |
|---|---|
| Publication date | 15 November 2023 |
| Type | Thematic review |
| Format | PDF, 2.1 MB. View HTML version |
| Name | Thematic review of climate-related metrics and targets 2023 |
| Publication date | 26 July 2023 |
| Type | Thematic review |
| Format | PDF, 5.0 MB. View HTML version |
| Name | IFRS 13 ‘Fair value measurement' |
| Publication date | 13 June 2023 |
| Type | Thematic review |
| Format | PDF, 989.7 KB. View HTML version |
| Name | What Makes a Good Annual Report and Accounts |
|---|---|
| Publication date | 13 December 2022 |
| Type | Report |
| Format | PDF, 11.4 MB. View HTML version |
| Name | IFRS 3 Business Combinations |
| Publication date | 29 September 2022 |
| Type | Thematic review |
| Format | PDF, 21.6 MB. View HTML version |
| Name | Deferred Tax Assets (IAS 12) |
| Publication date | 21 September 2022 |
| Type | Thematic review |
| Format | PDF, 4.4 MB. View HTML version |
| Name | Earnings per Share (IAS 33) |
| Publication date | 8 September 2022 |
| Type | Thematic review |
| Format | PDF, 9.2 MB. View HTML version |
| Name | TCFD disclosures and climate in the financial statements |
| Publication date | 29 July 2022 |
| Type | Thematic review |
| Format | PDF, 13.6 MB. View HTML version |
| Name | Judgements and Estimates (IAS 1) 2022 |
| Publication date | 26 July 2022 |
| Type | Thematic review |
| Format | PDF, 1.6 MB. View HTML version |
| Name | Discount Rates |
| Publication date | 16 May 2022 |
| Type | Thematic review |
| Format | PDF, 1.9 MB. View HTML version |
| Name | IAS 37 'Provisions, Contingent Liabilities and Contingent Assets' |
|---|---|
| Publication date | 14 October 2021 |
| Type | Thematic review |
| Format | PDF, 1.8 MB. View HTML version |
| Name | Alternative Performance Measures (APMs) 2021 |
| Publication date | 7 October 2021 |
| Type | Thematic review |
| Format | PDF, 14.5 MB. View HTML version |
| Name | Going Concern and Viability Statements |
| Publication date | 22 September 2021 |
| Type | Thematic review |
| Format | PDF, 4.7 MB. View HTML version |
| Name | Streamlined Energy and Carbon Reporting (SECR) |
| Publication date | 22 September 2021 |
| Type | Thematic review |
| Format | PDF, 3.6 MB. View HTML version |
| Name | Interim Reporting (IAS 34) |
| Publication date | 18 May 2021 |
| Type | Thematic review |
| Format | PDF, 1.4 MB. View HTML version |
| Name | COVID-19 Pandemic: Guidance for companies on Corporate Governance and Reporting |
|---|---|
| Publication date | 4 December 2020 |
| Type | Thematic review |
| Format | PDF, 243.9 KB. View HTML version |
| Name | Cash flow statements and liquidity (IAS 7, IFRS 7) |
| Publication date | 17 November 2020 |
| Type | Thematic review |
| Notes | The content on pages 30 and 31 of this document is superseded by the thematic review: Supplier finance arrangements disclosures, contained in Appendix 2 of the Annual Review of Corporate Reporting 2024/25 available on the Annual Activity Reports page. |
| Format | PDF, 1.3 MB. View HTML version |
| Name | FRC Climate Thematic – Corporate Reporting |
| Publication date | 10 November 2020 |
| Type | Thematic review |
| Format | PDF, 2.4 MB. View HTML version |
| Name | IFRS 15 Revenue from Contracts with Customers |
| Publication date | 24 September 2020 |
| Type | Thematic review |
| Format | PDF, 753.8 KB. View HTML version |
| Name | IFRS 16 'Leases' Disclosures in the First Year of Application |
| Publication date | 24 September 2020 |
| Type | Thematic review |
| Format | PDF, 956.2 KB. View HTML version |
| Name | Review of financial reporting effects of Covid-19 |
| Publication date | 21 July 2020 |
| Type | Thematic review |
| Format | PDF, 2.4 MB. View HTML version |
| Name | IFRS 16 'Leases' Interim Disclosures in the First Year of Application |
|---|---|
| Publication date | 5 November 2019 |
| Type | Thematic review |
| Format | PDF, 1.0 MB. View HTML version |
| Name | IFRS 9 'Financial Instruments' Disclosures in the First Year of Application |
| Publication date | 10 October 2019 |
| Type | Thematic review |
| Format | PDF, 2.7 MB. View HTML version |
| Name | IFRS 15 'Revenue from Contracts with Customers' Disclosures in the First Year of Application |
| Publication date | 10 October 2019 |
| Type | Thematic review |
| Format | PDF, 568.3 KB. View HTML version |
| Name | Impairment of Non-financial Assets (IAS 36) |
| Publication date | 10 October 2019 |
| Type | Thematic review |
| Format | PDF, 928.6 KB. View HTML version |
| Name | Small Listed and AIM Quoted Companies |
|---|---|
| Publication date | 6 November 2018 |
| Type | Thematic review |
| Format | PDF, 1.1 MB. View HTML version |
| Name | IFRS 9 'Financial Instruments' Interim Disclosures in the First Year of Application |
| Publication date | 5 November 2018 |
| Type | Thematic review |
| Format | PDF, 2.1 MB. View HTML version |
| Name | IFRS 15 'Financial Instruments' Interim Disclosures in the First Year of Application |
| Publication date | 5 November 2018 |
| Type | Thematic review |
| Format | PDF, 565.0 KB. View HTML version |
| Name | Alternative Performance Measures (APMs) 2017 |
|---|---|
| Publication date | 9 November 2017 |
| Type | Thematic review |
| Format | PDF, 395.8 KB. View HTML version |
| Name | Judgements and Estimates (IAS 1) 2017 |
| Publication date | 9 November 2017 |
| Type | Thematic review |
| Format | PDF, 441.7 KB. View HTML version |
| Name | Pension Disclosures (IAS 19) |
| Publication date | 9 November 2017 |
| Type | Thematic review |
| Format | PDF, 610.4 KB. View HTML version |
| Name | Alternative Performance Measures (APMs) 2016 |
|---|---|
| Publication date | 25 November 2016 |
| Type | Thematic review |
| Format | PDF, 480.2 KB. View HTML version |
| Name | Tax Disclosures (IAS 12) |
| Publication date | 31 October 2016 |
| Type | Thematic review |
| Format | PDF, 403.0 KB. View HTML version |
| Name | FRC urges clarity in the reporting of complex supplier arrangements by retailers and other businesses |
|---|---|
| Publication date | 8 December 2014 |
| Type | Generic press notice |
| Format | PDF, 142.4 KB. View HTML version |
| Name | FRC challenges the reporting of companies classifying pension liabilities as equity |
| Publication date | 15 January 2014 |
| Type | Generic press notice |
| Format | PDF, 139.5 KB. View HTML version |
| Name | FRC seeks consistency in the reporting of exceptional items |
|---|---|
| Publication date | 13 December 2013 |
| Type | Generic press notice |
| Format | PDF, 144.0 KB. View HTML version |
| Name | The Financial Reporting Review Panel highlights challenges in the reporting of principal risks and uncertainties |
|---|---|
| Publication date | 1 February 2011 |
| Type | Generic press notice |
| Format | PDF, 140.4 KB. View HTML version |