On Wednesday 28th April the Strategic Planning Society were honoured to welcome Stephen Haddrill, chief executive of the Financial Reporting Council, who delivered an excellent keynote speech at the 2010 Strategic Value In Corporate Reporting Awards ceremony.
Listen to Stephen Hadrill’s keynote speech via the link below, or right-click to save;
During his speech, Stephen Haddrill, told more than 120 assembled guests, “More and more information does not necessarily mean better and better disclosure – clarity is essential. It is fundamentally important that good reporting gives investors and the public an understanding of what the business is trying to achieve, and that its business model and strategy is clear. The narrative plays a central part in achieving this.
“The introduction of principles-based accounting has done much to improve reporting. We have learned from the financial crisis is that it’s not just about ticking boxes and boiler plate explanations. The right principles must be adopted in setting out the numbers and the strategy.”