Reporting Archive

Jul 26, 2019
Grant Thornton queries auditor attestation on ICFR proposal
Grant Thornton has raised concerns about a plan to exempt smaller companies from a key component of the Sarbanes-Oxley Act reforms, although the change is being welcomed by companies that would avoid the compliance burden. The SEC has proposed amending its accelerated filer and large accelerated filer definitions in an effort to lower compliance costs for certain lower-revenue companies. Specifically, the planned changes would mean companies with less than $100 mn i...
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Jul 22, 2019
House panel passes climate risk disclosure bill
The House Financial Services Committee on Wednesday voted to approve a bill backed by several Democratic presidential candidates that seeks to boost and improve climate-related corporate disclosures under new SEC rules. The Climate Risk Disclosure Act of 2019 would order the SEC to consult with climate experts at other government agencies and then issue rules requiring that each public company disclose: Its direct and indirect greenhouse gas emissions...
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Jul 19, 2019
How to make your reporting relevant: Ticker 105
This episode of The Ticker podcast comes to you from the Citadel Securities trading post on the floor of the NYSE.  Companies don’t make money the way they once did. Intangible assets like patents, brands and R&D drive value. Yet you wouldn’t know it reading a standard financial report – which hardly anyone does anymore anyway. The average publicly traded firm has its ...
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Jul 12, 2019
Growth in number of Swiss companies committed to sustainable reporting
More than one third of companies listed in the Swiss Market Index (SMI) have voluntarily committed to sustainability reporting after a push on sustainability reporting by the SIX Exchange Regulation, the autonomous and independent body within the Swiss SIX exchange that monitors issuers. Two years ago, in recognition of the growing importance of sustainability reporting, the regulatory board passed Article 9 of the Directive Corporate Governance (DCG), giving lis...
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Jul 05, 2019
The dilemmas of disclosing financial risks
The challenges facing companies embracing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) were highlighted at the recent Bloomberg Sustainable Business Summit in London. The summit explored the narrative that there is a clear increase in climate change-related financial reporting among firms, inspired by TFCD requirements. But pane...
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Jul 01, 2019
Reporting & Disclosure report now available
The latest report from IR Magazine investigates the nature of corporate reporting to the investment community and what investors and analysts would like to see in this reporting. Based on responses from more than 700 IR professionals and more than 200 investment community members, data is broken down by region, cap size and job title. This report looks at the various formats companies report in and the frequency with which they provide information in differ...
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Jun 26, 2019
How TCFD targets climate-related risk reporting
How does the Task Force on Climate-related Financial Disclosures (TCFD) approach ESG reporting? An industry-led initiative, the TCFD developed a voluntary framework for climate disclosures at the request of the Financial Stability Board. The TCFD recommendations have specifically been designed to solicit decision-useful, forward-looking information that shows the financial impacts of climate change on a business. The focus lies on companies disclosin...
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Jun 24, 2019
Developing the SASB framework
What’s unique about SASB’s approach to ESG reporting? SASB is an independent standard-setting organization that develops and maintains reporting standards that help businesses around the world identify, manage and communicate sustainability information to investors – information they need before making financial decisions. We help companies identify the subset of ESG issues that the firm determines to be financially material and that affects fi...
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Jun 21, 2019
Inside CDP’s method for environmental reporting
What is CDP’s main ESG focus and who does it serve? We focus on the E of ESG by asking companies, cities, states and regions to disclose their environmental impacts, approaches, commitments and mitigation efforts through our global environmental disclosure platform. We do this on behalf of investors and corporate and government buyers, as well as global networks of mayors, such as the Global Covenant of Mayors for Climate & Energy. We al...
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Jun 21, 2019
How CDSB approaches aligning climate disclosure
Can you describe CDSB and its role in ESG reporting? CDSB is an international consortium of business and environmental NGOs committed to aligning the disclosure of environmental information in mainstream corporate reports such as annual reports, 10K filings and integrated reports. We offer firms a framework for reporting environmental information with the same rigor as financial information. The CDSB Reporting Framework is a collection of best practi...
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