Narrative Reporting

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Narrative reporting offers insights beyond financial statements, providing a comprehensive overview of a company’s performance and key risks. This course delivers a detailed exploration of narrative reporting and its practical implementation.

£100 +VAT

4 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

Narrative Reporting

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

Narrative Reporting

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Expertly draft the ‘front end’ of the annual report
  • Understand the benefits and challenges of narrative reporting
  • Explain clearly and succinctly, your organisation’s business model and strategy
  • Select the right key performance indicators and explain the relative performance against target
  • Implement successful narrative reporting and ensure communication is as effective as possible

About the course

Narrative reporting is the information aside from the financial statements that is provided in an organisation’s annual report. Not only does it enable investors and other stakeholders to fully understand and analyse the performance of the organisation, it also provides insight into its risks and how its managed.

This course provides a detailed overview of the key concepts behind narrative reporting. Discover the best practices for narrative reporting including how to discuss business models, risks and uncertainties. Familiarise yourself with the key quantitative and qualitative key performance indicators that you should include and consider the practicalities of implementing narrative reporting in your organisation.

Contents

Concepts in narrative reporting

The basics of narrative reporting
IFRS Practice Statement Management Commentary
International approaches to narrative reporting
The benefits of narrative reporting
Why use narrative reporting?
The challenges of getting it right
Regulating narrative reporting

Business models, strategy, risks and uncertainties

The stakeholder perspective
Determining materiality
Discussing the business model and strategy
Issues to focus on
Resources or capitals
Disclosures for risks and uncertainties
Defining value

Reporting on position and performance

Reporting on performance
Selecting and measuring key performance indicators (KPIs)
Evaluating performance
Non-financial KPIs
Environmental KPIs
The reliability of KPIs
Social, anti-corruption and human rights issues
Discussing performance in a meaningful way

Reflecting on narrative reporting

The practicalities of narrative reporting
The challenges of preparing a narrative report
Enhancing credibility on the narrative report
Obtaining assurance and the future of narrative reporting
The future for narrative reporting
The value reporting foundation

How it works

Author

Lisa Weaver

Lisa Weaver

After qualifying (ICAEW), Lisa spent several years in audit practice with Deloitte and was part of the national audit training faculty at KPMG. Since leaving practice, Lisa has worked in a variety of education-focused roles, including executive education and has maintained strong links with the accountancy professional bodies.