Additional company guidance on reporting of exceptional items and APMs

News types: Corporate Reports, Generic Announcement, Guidance, Operating Procedures, Policies and Responsibilities, Publications, Statements

Published: 20 May 2020

The Financial Reporting Council (FRC) has today updated its guidance for companies on corporate reporting to explain how they should report exceptional items and alternative performance measures (APMs) in their reports and accounts, in the context of the Covid-19 crisis.

Investors expect to see balanced, transparent and clearly explained disclosures of material items arising from the crisis.