Corporate reporting: is it heading in the right direction?

In recent decades there have been major changes in corporate reporting. Not only have there been significant changes in accounting standards, including the adoption of IFRS in many countries, but there has also been an explosion in narrative reporting and increased attention to reporting on business’s impact on society and on the natural world. The Integrated Reporting Framework, for example, can be seen as a response to the changing ambitions of corporate reporting. At the same time, the way in which information is communicated in most areas of life has changed radically, and questions have been asked as to whether the communication of corporate reporting information needs to change radically too.

Join the debate

The Financial Reporting Faculty will explore these changes at its annual Information For Better Markets (IFBM) conference in December. We will ask whether corporate reporting is heading in the right direction and how we can tell whether it is.

The conference runs from lunchtime to lunchtime on 18-19 December 2017 at Chartered Accountants’ Hall in London and will include sessions delivered by leading academics, commissioned by ICAEW to look at what we can learn from the latest research. Papers based on the conference are subsequently published in the annual International Accounting Policy Forum special issue of Accounting and Business Research, a leading academic journal.

Aimed at academics, investors, business people, accountants in practice, standard-setters and regulators, the conference aims to stimulate debate and includes plenty of opportunities for input. Each session (as set out below) includes a response to the academic from a non-academic commentator, followed by a question and answer session.

Day 1: Monday 18 December

  • Financial reporting for investors: do the financial statements give them what they need?
    Speaker: Baruch Lev, NYU Stern. A practitioner view: Nick Anderson, IASB
  • Reporting on business’s external impacts: what do we know?
    Speaker: Jeffrey Unerman, Royal Holloway University of London. A practitioner view: Paul Druckman, Clear Insurance Management.

Day 2: Tuesday 19 December

  • The non-financial reporting explosion: who benefits?
    Speaker: Hervé Stolowy, HEC Paris. A practitioner view: Hilary Eastman, PwC
  • Is corporate reporting information being communicated successfully?
    Speaker: Niamh Brennan, University College Dublin. A practitioner view: Janice Lingwood, Addison Group.

How to book

Attendance is free of charge but numbers are limited, so book soon to avoid disappointment by visiting our events page.

For more information about our Information for Better Markets programme, please visit icaew.com/bettermarkets.

Anonymous