Reporting intelligence white paper 03/ The Strategic report: Bringing your story to life.
This is the third paper in our series of white papers that explore the challenging landscape of corporate governance and reporting, focusing on the implications to those preparing annual reports for listed companies.
The purpose of the strategic report
In short, the strategic report is from the directors to the shareholders and should provide them with information that allows them to assess how the directors have performed under their section 172 duties.
However, it should include information that may be relevant to other stakeholders if it is also material to the shareholders, i.e. it would have a significant impact on a company’s business model and strategy.
This White paper covers the purpose of the strategic report, the legal requirements, the building blocks of content, communication principles, and regulatory monitoring and assurance over the strategic report.