Communication and Disclosures

Non-financial reporting has become as important a tool as financial reporting for investors to assess the on-going business, strategy and risk environment of a company.

The regulation of narrative reporting by the Companies Act 2006, will mean that all companies will have to consider their CSR strategy and integrate it into the everyday running of their businesses.

Our experience with working for a variety of FTSE and AIM listed companies in various sectors, but especially mining where CSR reporting standards are generally acknowledged to be high, has provided our team with a wealth of knowledge in the drafting, assessment and communication of CSR strategies.

Prism CoSec also keeps a watching brief on academic developments in the corporate governance as well as its practitioner activity. It has developed links with the University of Birmingham and provides input into the Masters course in corporate governance and corporate social responsibility run by the University.

In March 2007 Chris Stamp gave a lecture at the University entitled, "An overview of Trends in Corporate Responsibility Reporting by UK quoted companies".

Chris Stamp spoke at a workshop, in November 2007, run by the Investor Relations Society looking at "Financial Reporting - The Impact of the Companies Act" and gave his opinion on how the new Act will affect non-financial reporting. "Financial Reporting - The Impact of the Companies Act."