Assigning

AccountAncy futures

Predicting an uncertain future:

narrative reporting and risk information

About ACCA

ACCA (the Association of Chartered Certified

Accountants) is the global body for professional

accountants. We aim to offer business-relevant,

first-choice qualifications to people of application,

ability and ambition around the world who seek a

rewarding career in accountancy, finance and

management.

Founded in 1904, ACCA has consistently held unique

core values: opportunity, diversity, innovation, integrity

and accountability. We believe that accountants bring

value to economies at all stages of their development.

We seek to develop capacity in the profession and

encourage the adoption of global standards. Our

values are aligned to the needs of employers in all

sectors and we ensure that, through our qualifications,

we prepare accountants for business. We seek to open

up the profession to people of all backgrounds and

remove artificial barriers, innovating our qualifications

and their delivery to meet the diverse needs of trainee

professionals and their employers.

We support our 140,000 members and 404,000

students in 170 countries, helping them to develop

successful careers in accounting and business, based

on the skills required by employers. We work through

a network of 83 offices and centres and more than

8 ,000 Approved Employers worldwide, who provide

high standards of employee learning and

development. Through our public interest remit, we

promote appropriate regulation of accounting and

conduct relevant research to ensure accountancy

continues to grow in reputation and influence.

This paper reviews the state of

risk and business forecast

information disclosure in

narrative reporting. It is based on

a review of annual reports from

industry leaders in the UK,

Germany, the US, Canada,

Australia, Malaysia and

Singapore.

About ACCountAnCy Futures

The economic, political and environmental climate has...