The annual report and accounts (ARA) is the cornerstone of corporate reporting and should provide investors and other stakeholders with clear and relevant information on the company’s performance and prospects to help them make informed investment decisions and to promote effective stewardship.

To Illustrate these, the publication provides a range of good practice examples which have been identified by the FRC as part of its ongoing supervision work.

The focus should be on company specific information, which is clear, concise and understandable. It also needs to be clutter free and relevant, while comparability is critical.