Turning financial reports into real communication that easily engages the reader with the information they need is a challenge. This publication provides preparers with some suggestions about where to start.
International Financial Reporting Standards are increasingly criticised, by preparers and by users, for their complexity and for the increasing volume of disclosures, which are often seen as adding clutter to financial statements rather than providing meaningful information.
In the face of growing scrutiny from investors, regulators and other stakeholders, turning financial reports into real communication that easily engages the reader has never been more important for companies and their boards. In response to this, we have produced this publication aimed at providing some suggestions about where to start.