Corporate Reporting – ‘Trust Me – I’m an Annual Report&#8217

Companies should consider whether their annual reports are a relevant and reliable source of information, write David Phillips and Mark O’Sullivan.

In the current economic climate, with ongoing uncertainty about future corporate profitability, information derived from a trusted source is highly valued in the market. On the other hand, analysts perceiving corporate reporting as opaque or difficult to understand will mark management and share prices down first and ask questions later. Given that a recent Ipsos MORI poll indicated public confidence in business leaders has fallen to the same low level as for politicians, this is not surprising.

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