RegulationRegulatory BodiesInvestors ‘want direct dialogue’ with financial report preparers

Investors 'want direct dialogue' with financial report preparers

Investors call for direct dialogue with financial report preparers

DIRECT DIALOGUE with financial report preparers is favoured by international investor association the CFA Institute.

Commenting after the launch of the Financial Reporting Council’s lab – an initiative to facilitate dialogue between report preparers and users – Papa said it was “worthwhile to get stakeholders talking”.

This is preferable to “brokerage through standard setters”, he continued, saying concerned parties should agree on the best approach and present it jointly to standard setters, thereby gaining “more leverage”.

The FRC’s financial reporting lab was launched earlier this month, and organisers hope it will act as an “experimentation zone” to get investors and business talking.

Related Articles

FRC urged to fine Big Four firms penalties over £10m

Audit FRC urged to fine Big Four firms penalties over £10m

3w Alia Shoaib, Reporter
FCA fines Merrill Lynch £34.5m over reporting failures

Business Regulation FCA fines Merrill Lynch £34.5m over reporting failures

2m Alia Shoaib, Reporter
Ex-RSM Tenon CEO fined; ex-FD and PwC face complaints over its accounting

Accounting Standards Ex-RSM Tenon CEO fined; ex-FD and PwC face complaints over its accounting

1y Kevin Reed, Writer
Sports Direct implements FRC corrections in annual reporting

Accounting Standards Sports Direct implements FRC corrections in annual reporting

1y Stephanie Wix, Writer
CIIA appoints ex-FRC chief Paul Boyle as president

Company News CIIA appoints ex-FRC chief Paul Boyle as president

1y Stephanie Wix, Writer
FRC appoints former ICAEW president to its board

People Practice FRC appoints former ICAEW president to its board

1y Stephanie Wix, Writer
Watchdog launches audit investigation into Sports Direct

Accounting Firms Watchdog launches audit investigation into Sports Direct

1y Stephanie Wix, Writer
Record fine for Deloitte and audit partner over Aero misconduct

Accounting Standards Record fine for Deloitte and audit partner over Aero misconduct

1y Stephanie Wix, Writer