[Opinion] CIMA Backs UK’s Corporate Reporting Consultation

Sustainability reporting consultation divides UK opinion

The proposed ‘strategic report’ requires disclosures against ‘baseline’ requirements, but fewer companies may be included.

CIMA backs UK’s corporate reporting consultation

The Chartered Institute of Management Accountants (CIMA) has announced its support for a UK Government consultation to overhaul the corporate reporting framework to align with the evolving demands of businesses, capital markets and the broader economy. CIMA noted that effective corporate disclosures must blend financial metrics with non-financial data, providing a “transparent, rigorous and accessible” story that builds confidence among stakehol…

CIMA backs government plans to streamline corporate reporting

Institute warns mounting regulatory demands now outweigh benefits for stakeholders. Read the full story at Accountancy Today.