Narrative Reporting - eLearning
This activity is published by accountingcpd.
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Narrative reporting goes beyond the information in the financial statements, to provide a valuable overview of the company's performance and key risks. This course provides a detailed overview of narrative reporting and the practicalities of implementing it in your organisation.
Narrative reporting is the information aside from the financial statements that is provided in an organisation's annual report. Not only does it enable investors and other stakeholders to fully understand and analyse the performance of the organisation, it also provides insight into its risks and how its managed.
This course provides a detailed overview of the key concepts behind narrative reporting. Discover the best practices for narrative reporting including how to discuss business models, risks and uncertainties. Familiarise yourself with the key quantitative and qualitative key performance indicators that you should include and consider the practicalities of implementing narrative reporting in your organisation.
- Concepts in narrative reporting
- Business models, strategy, risk and uncertainties
- Reporting on position and performance
- Reflecting on narrative reporting
Upon satisfactory completion of this activity, you will be able to:
- Expertly draft the ‘front end’ of the annual report.
- Understand the benefits and challenges of narrative reporting.
- Explain clearly and succinctly, your organisation’s business model and strategy.
- Select the right key performance indicators and explain the relative performance against target.
- Implement successful narrative reporting and ensure communication is as effective as possible.
By helping you understand the concept and benefits of narrative reporting you will be able to convey information that is fundamental to understanding a company’s organisational framework, its business context and its performance, all now seen as a core component of corporate communication.
Author – Lisa Weaver
Lisa is a Professor at Warwick Business School, delivering on a range of programmes including MBA. She is a Senior Fellow of the Higher Education Academy in the UK.
Sub-Topic: Business Reporting
Proficiency Level: Intermediate, Advanced
CPD: Upto 4 hours