Corporate reporting is all about communication and accountability.

Stewardship is an important anchor on which our current model is based, a model developed from within the context of company law.

But in addition to stewardship, which involves looking backwards, investors increasingly demand fair and balanced forward-looking information, about strategy, business models, the value-creation process and related risks; and about performance on an integrated set of targets, not only financial but equally non-financial key performance indicators (KPIs).

Financial statements have traditionally been a key element in the corporate reporting chain.