UK FRC believes the European Commission might be traveling in the wrong direction on non-financial reporting
Posted by mostafa on 8 April, 2016
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In January 2016, the European Commission launched a public consultation to collect views from stakeholders on non-binding guidance on the methodology for reporting of non-financial information by certain large companies across all sectors. The UK Financial Reporting Council (FRC) has reponded and warns that the proposed guidance might be too prescriptive.