Hey, financial statements – this thing between us just isn’t working out!

How helpful are financial statements in the new economy? A recent blog post took off from the following premise: With only 20% of companies’ market value found in the tangible assets in the financial statements, it is no wonder companies around the world are increasingly using the International <IR> Framework to support integrated thinking and help…

A better model, for disclosing the model

“FRC Lab report confirms the importance of business model disclosure to investors,” announces a recent news release: Here’s more: “The Financial Reporting Council’s (FRC) Financial Reporting Lab has published a report on Business Model Reporting which provides valuable insight for companies on the importance of business model information to investors, and the type of information they are…

IFRS – a contribution to building trust?

Let’s return now to the topic of Integrated Reporting, as we no doubt should from time to time. Scrolling through the recent material on the <IR> website, I came across a September 2016 speech by Jonathan Labrey, Chief Strategy Officer, IIRC. Here are some extracts: “It is not possible to put a price on trust…