Boilerplate: Difference between revisions
imported>Doug Williamson (Add definition - source - TTU Office of Research Services - https://www.depts.ttu.edu/research/ors/preaward/forms-boilerplates.php) |
imported>Doug Williamson (Layout.) |
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4. ''Financial reporting - investor relations.'' | 4. ''Financial reporting - investor relations.'' | ||
In the context of reporting and communication, | In the context of reporting and communication, ''boilerplate'' can have negative connotations. | ||
Boilerplate comments are standard-worded ones that fail to | Boilerplate comments are standard-worded ones that fail to provide insight into the situations they describe. | ||
:<span style="color:#4B0082">''''' | :<span style="color:#4B0082">'''''Avoid boilerplate TCFD disclosures'''''</span> | ||
:"The FRC has published its Annual Review of Corporate Reporting... | |||
:... the FRC draws attention to the importance of TCFD disclosures, mandatory for the first time for December year end reporters, urging that disclosure should be integrated into the annual report and avoid boilerplate." | |||
:''Deloitte Academy - November 2021.'' | |||
:<span style="color:#4B0082">'''''Boilerplate statements not backed up'''''</span> | |||
:"Unfortunately, as last year, we continue to see the use of boilerplate or declaratory statements. | :"Unfortunately, as last year, we continue to see the use of boilerplate or declaratory statements. | ||
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A specification of a reporting format. | A specification of a reporting format. | ||
This type of boilerplate is designed to ensure that reporting is complete | This type of boilerplate is designed to ensure that reporting is complete, easy to receive, and easy to incorporate into other systems, for example by always including - as a minimum - specified important items in the same order. | ||
6. ''Origins - engineering.'' | 6. ''Origins - engineering.'' | ||
In engineering, boilerplates are steel rolled into standardised plates. | |||
Steel boilerplates can be used | Steel boilerplates can be used for a number of engineering purposes, including making boilers. | ||
By analogy, the term ''boilerplate'' was | By analogy, the term ''boilerplate'' was extended to printed material, in the era when smaller local newspapers incorporated syndicated content supplied in the form of pre-prepared blocks of metal typeset text. | ||
== See also == | == See also == | ||
* [[Annual report]] | |||
* [[Bespoke]] | * [[Bespoke]] | ||
* [[Contract]] | * [[Contract]] | ||
* [[Deloitte]] | |||
* [[Documentation]] | * [[Documentation]] | ||
* [[Financial reporting]] | * [[Financial reporting]] | ||
* [[Financial Reporting Council]] | * [[Financial Reporting Council]] (FRC) | ||
* [[Governance]] | * [[Governance]] | ||
* [[Information technology]] | * [[Information technology]] | ||
| Line 61: | Line 72: | ||
* [[Law]] | * [[Law]] | ||
* [[Standard]] | * [[Standard]] | ||
* [[Syndicate]] | |||
* [[Tailor]] | * [[Tailor]] | ||
* [[Task Force on Climate-related Financial Disclosures]] (TCFD) | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 17:26, 7 December 2021
1. Documentation - contract - law.
Standard wording that can be incorporated into a draft contract or other document, designed to reduce the expense and delay of extensive negotiations and of errors.
2. Documentation - contract - law.
Entire standard-worded draft documents produced for similar reasons.
3. Information technology.
Abbreviation for boilerplate code.
A section of code that is repeated without modification - or with only minimal modifications - in different places.
4. Financial reporting - investor relations.
In the context of reporting and communication, boilerplate can have negative connotations.
Boilerplate comments are standard-worded ones that fail to provide insight into the situations they describe.
- Avoid boilerplate TCFD disclosures
- "The FRC has published its Annual Review of Corporate Reporting...
- ... the FRC draws attention to the importance of TCFD disclosures, mandatory for the first time for December year end reporters, urging that disclosure should be integrated into the annual report and avoid boilerplate."
- Deloitte Academy - November 2021.
- Boilerplate statements not backed up
- "Unfortunately, as last year, we continue to see the use of boilerplate or declaratory statements.
- These statements are seldom substantiated by actions or examples, and therefore do not offer insight into company governance...
- ... the vast majority of reporting on outcomes of community engagement remained generic and boilerplate."
- Review of Corporate Governance Reporting - Financial Reporting Council - November 2021, p3 & p30.
5. Reporting - standard forms.
A specification of a reporting format.
This type of boilerplate is designed to ensure that reporting is complete, easy to receive, and easy to incorporate into other systems, for example by always including - as a minimum - specified important items in the same order.
6. Origins - engineering.
In engineering, boilerplates are steel rolled into standardised plates.
Steel boilerplates can be used for a number of engineering purposes, including making boilers.
By analogy, the term boilerplate was extended to printed material, in the era when smaller local newspapers incorporated syndicated content supplied in the form of pre-prepared blocks of metal typeset text.
