Additional company guidance on reporting of exceptional items and APMs
20 May 2020
The Financial Reporting Council (FRC) has today updated its guidance for companies on corporate reporting to explain how they should report exceptional items and alternative performance measures (APMs) in their reports and accounts, in the context of the Covid-19 crisis.
Investors expect to see balanced, transparent and clearly explained disclosures of material items arising from the crisis.
A link to the guidance can be viewed here