Narrative reporting

Contemporary annual reports have used narrative reporting to bridge the gap between narrowly-focused statutory reporting and the information needs of stakeholders. In its various forms, narrative reporting provides a unique opportunity for management to comment on the historical and future financial performance of a business, as well as disclose risk management, corporate governance, intangible assets, relationships with stakeholders and environmental and social responsibility information.
In the last few years, even though the volume of narrative reporting in annual reports has increased manifold, the value of narrative reports in terms of their decision-usefulness, reliability, comparability and relevance to the users of annual reports is contentious.
Today, as policy makers and stakeholders are urging more transparency and timeliness in annual reports, preparers need to explore the true potential of narrative reporting by using it to communicate transparency and provide timely information by leveraging technology and exploring the option of digital narrative reporting.

ACCA will explore the challenges and opportunities for narrative reporting in an increasingly complex and demanding stakeholder-driven environment.

Accountants for business

'Accountants for business' is ACCA's agenda championing finance professionals in all sectors as the true value creators across organisations; the promoters of sound business practices that drive great performance. In the wake of the global economic crisis, the value creation role is central to sustainable economic recovery.
Our campaign brings you up to date analysis and information on the critical issues shaping the value agenda. Learn more about the crucial role accountants and finance professionals are now playing to shape and support businesses, and the return to economic growth.