According to a new study, companies are still not seeing the issue as a priority despite a concerted push from government, the potential inclusion of a requirement to report on it in the Operating and Financial Review, and the significant employment costs to most organisations.
The survey carried out by Deloitte found that many organisation still have a long way to go to achieve the aims of a government’s taskforce set up last year to look at measurement techniques and approaches.
Brett Walsh, a human capital consulting partner at Deloitte, said: ‘With employment costs typically accounting for between 40% and 67% of most organisations’ cost base, we continue to be surprised that meausring the value of human capital is so low on most companies’ business agendas.’
However, Walsh conceded the issue could have slipped down the agenda because of the raft of new, more pressing regulation.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.