Interesting article … Largest democratic country in the world (India) is pushing the largest capital markets country in the world (USA) to have public companies disclose not only financial information but non-financial information to better serve both investors and the public. Including...
Interesting article in the UK’s Financial Director about yearend non-financial reporting required by UK companies as part of the EU mandate for 6,000 + public company requirement to report non-financial information to the capital markets and important stakeholders such as investors. The UK most now adopt the European Union’s own rules around the reporting on long-term risks and strategies as part of the new EU Non-Financial Reporting Directive . The directive’s provisions, which aim to harmonize and improve non-financial reporting across the EU, must be transposes into law by 6 December 2016. Will pressure in the United States for the US Securities & Exchange Commission and/or the US Congress to adopt a similar rule as EU public companies move forward with this EU Directive for public company non-financial reporting to be included into financial reporting (integrated reporting)?
Increasing Importance of Non-financial reporting -- including Sustainability and Human Capital Data in the Capital Markets Non-financial reporting is becoming increasing common in corporate disclosures included in the financial statement around the world
Stay tuned as we learn more about how management accountants are helping organizations prepare and implement non-financial reporting and auditing supply chain management related to human trafficking and child labor
The European Parliament has voted in favor of new rules that will strengthen shareholder rights and facilitate cross-border voting under the Shareholders Rights Directive as the new Trump Presidential administration moves in the complete opposite direction related to enhanced corporate...
Interesting debate yesterday before the US Senate Banking Committee on the topic of expanding disclosures of US companies to include environmental, social and governance data besides just financial disclosures. The US House Committee on Financial Services held a hearing on the same topic last...
Some companies are combining financial reporting with non-financial reporting into ONE REPORT or "Integrated Reporting" to external stakeholders that also includes natural resources and human capital -- beyond just financial information