Narrative Reporting

by Lisa Weaver

Narrative reporting goes beyond the information in the financial statements, to provide a valuable overview of the company's performance and key risks. This course provides a detailed overview of narrative reporting and the practicalities of implementing it in your organisation.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

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.

Look inside

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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

Author

Lisa Weaver

Lisa is a Professor at Warwick Business School, delivering on a range of programmes including MBA. She is a Senior Fellow of the Higher Education Academy in the UK.

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