Opportunities to improve year 2 viability disclosures: A survey of current practice and a practical guide.
We have surveyed the first year of practice of the new viability reporting.
We looked at disclosures from 100 companies split between the FTSE100 and FTSE250. Whilst the assessment of viability has sparked a healthy board debate in many companies, we believe that the full extent of debate is in many cases not being communicated. As companies prepare for a second year of viability reporting, we encourage them to re-assess the scope of their first year disclosures: Could more insight be provided into the board’s thinking on viability risks?