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BIS Consultation on narrative reporting standards |
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Written by Calum Haswell
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Friday, 06 August 2010 |
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The Department for Business, Innovation and Skills (BIS) has published a consultation on the future of narrative reporting standards. The consultation is part of implementing the Coalition Agreement commitment to "reinstate an Operating and Financial Review to ensure that directors' social and environmental duties have to be covered in company reporting and investigate further ways of improving corporate accountability and transparency".
The consultation (pdf) is available on the BIS website, along with background information (html). The consultation is open until 19 October 2010. The consultation is seeking views from all those concerned in company reporting including companies, their members and others who regularly use company reports. The Government will publish its conclusions at the end of the year.
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