Boilerplate: Difference between revisions
imported>Doug Williamson (Create page. Sources - linked pages and FRC - https://www.frc.org.uk/getattachment/b0a0959e-d7fe-4bcd-b842-353f705462c3/FRC-Review-of-Corporate-Governance-Reporting_November-2021.pdf) |
imported>Doug Williamson (Remove surplus text.) |
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In the context of reporting and communication, "boilerplate" has negative connotations. | In the context of reporting and communication, "boilerplate" has negative connotations. |
Revision as of 17:07, 2 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" has negative connotations.
Boilerplate comments are standard-worded ones that fail to offer useful insights about the different situations being described.
- Too much boilerplate reporting
- "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.