RegulationBusiness RegulationAnnual reports grow in size

Annual reports grow in size

FTSE 100 reports have grown to an average of 175 pages

ANNUAL reports are just getting longer. That’s the conclusion of the latest research from corporate reporting consultancy Black Sun which found that the average annual report has lengthened by 10 pages.

Black Sun concluded that while The FTSE 100 may be taking their reporting responsibilities seriously under new provisions of the UK Combined Code, “they are struggling to do it concisely”.

The average report length is now 175 pages (up from 164 in 2009) while six of the FTSE 100 produced volumes of 300 pages.

Sallie Pilot, Black Sun’s director of research, said: “While challenging areas still exist, the improvement in the quality of content and the way in which it is delivered even relative to fice years ago is marked.”

Sun claims reports may have grown but it means there are signs of better governance, improved clarity around strategy and more links between financial and non-financial performance indicators.

Related Articles

KPMG: More assurance needed following reporting changes

Audit KPMG: More assurance needed following reporting changes

4y Rachael Singh, Writer
Reporting update could see auditors assure entire report

Audit Reporting update could see auditors assure entire report

4y Rachael Singh, Writer
EC pushes for more environmental and social disclosure

Business Regulation EC pushes for more environmental and social disclosure

5y Richard Crump, Writer
Consultation launches on integrated reporting framework

Business Regulation Consultation launches on integrated reporting framework

5y Rachael Singh, Writer
IIRC releases prototype of integrated reporting framework

Business Regulation IIRC releases prototype of integrated reporting framework

5y Rachael Singh, Writer
CBI: Green reports could duplicate workload

Business Regulation CBI: Green reports could duplicate workload

5y Rachael Singh, Writer
Coalition confirms introduction of mandatory carbon reporting

Business Regulation Coalition confirms introduction of mandatory carbon reporting

6y James Murray
Integrated reporting 'short, sharp and meaningful'

Business Regulation Integrated reporting 'short, sharp and meaningful'

6y Rose Orlik