News from the Lab
19 December 2017
13 December 2017
A new report from the the Lab published today concludes that XBRL (eXtensible Business Reporting Language) is an important technology in the path to digitisation of company reporting. However, since the potential benefits of XBRL for listed company reporting are not guaranteed, the Lab urges regulators, companies, investors and technology providers to work together to realise fully the potential of XBRL and to respond to the challenge of a new European Single Electronic Format (ESEF) for digital corporate reporting due in 2020.
8 December 2017
The Lab invites investors, analysts and companies of all sizes to participate in a project on Effective Reporting on Performance.
Following on from the Lab’s reports on business models (PDF) and risk and viability (PDF), this project will explore how companies measure performance against their strategic objectives. It will consider both financial and non-financial metrics, and highlight how these measures can be presented in a way that is most useful to investor decision-making.
We invite investors, analysts and companies to indicate their interest in participating by 31 January 2018 via email at FinancialReportingLab@frc.org.uk.
Full details of the project can be found here