Over three-quarters of the analysts and investors polled in a survey by
IR Magazine want companies to publish an OFR, even though government
scrapped the requirement last year.
In the poll, 78% of the 250 fund managers and analysts said the OFR was
useful. ‘A full review would be the best, because without it, it is difficult to
tell what is going on in a company,’ one of the fund managers said.
Companies do still have the option of producing an OFR, but a survey by
consultancy Radley Yeldar found that most companies fell short of the original
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live