Hot Topic publication: Key Highlights Checklist from the FRC's Annual Review of Corporate Reporting 2019/20

This publication looks at the top ten areas of improvement highlighted by the Financial Reporting Council (“FRC”) in its Annual Review of Corporate Reporting for 20129/20, setting out a checklist of what companies should be providing, and avoiding, in their forthcoming annual reports.

The top ten topic areas for 2019/20 are:

  1. Judgements and estimates
  2. Impairment of assets
  3. Revenue
  4. Financial instruments
  5. Alternative Performance Measures
  6. Strategic reports
  7. Statement of cash flows
  8. Provisions and contingencies
  9. Fair value measurement
  10. Business combinations

Please use this link to view the Hot Topic publication:

https://blogs.mazars.com/mindthegaap/files/2020/11/Hot-Topic_FRC-Annual-Review-Key-Highlights-Checklist.pdf