Offset and Strategic Report: Difference between pages
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imported>Doug Williamson (Add 3rd and 4th definitions. Sources: linked pages.) |
imported>Doug Williamson (Added new entry for Strategic Review. Information from [https://www.frc.org.uk/Our-Work/Publications/Accounting-and-Reporting-Policy/FRC-Staff-Guidance-Note-Strategic-Report-Regulatio.aspx) |
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''Financial reporting'' | |||
All companies, that are not small, are required by the Companies Act 2006 to prepare a strategic report containing a fair and balanced analysis of: | |||
a) the development and performance of the company’s business during the financial year; | |||
b) the position of the company at the end of the year; and, | |||
c) a description of the principal risks and uncertainties facing the company. | |||
The Strategic Report replaces the Operating and Financial Review or Business review section of the Annual Report. It is in addition to the Directors' report. | |||
==See also== | |||
* [[Annual report]] | |||
==Other links== | |||
[https://www.frc.org.uk/Our-Work/Publications/Accounting-and-Reporting-Policy/FRC-Staff-Guidance-Note-Strategic-Report-Regulatio.aspx, Staff Guidance Note: The Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 – Key Facts] | |||
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Revision as of 09:18, 4 April 2014
Financial reporting
All companies, that are not small, are required by the Companies Act 2006 to prepare a strategic report containing a fair and balanced analysis of:
a) the development and performance of the company’s business during the financial year;
b) the position of the company at the end of the year; and,
c) a description of the principal risks and uncertainties facing the company.
The Strategic Report replaces the Operating and Financial Review or Business review section of the Annual Report. It is in addition to the Directors' report.
See also