Financial Reporting Outlook 2023

UK Corporate Reform: non-financial disclosures

Dan Feather, EY 
With the proposed changes to the UK Corporate Governance Code and the UK Corporate Reform legislation, the next year will require many organisations to enhance their risk management, internal controls, fraud and ESG reporting. Hear from our UK Corporate Reform team on the implications, insights and lessons learned from their experience with other organisations to help you on your transformation journey.
 

Net Zero Transition Plans: expanding from Carbon to Nature, Biodiversity & Inequality

Rob Doepel, EY and Jojo Rouse, EY
Businesses are being required to develop much more detailed and rigorous transition plans which focus on Implementation, Engagement and Governance and these are expanding from a focus on Carbon to increasingly accommodate impacts on Nature, Biodiversity & Inequality. Hear from EY's UK Managing Partner for Sustainability on practical advice on how to respond to the UK’s Transition Plan Taskforce (TPT) framework.
 

Global sustainability disclosures: ISSB update

Jonathan Labrey, IFRS Foundation
Responding to the demand for transparent financial-related sustainability disclosures by companies, the IFRS Foundation announced the creation of the International Sustainability Standards Board (ISSB) at COP26 in November of 2021. (The ISSB is a consolidation of the IFRS Foundation, the Climate Disclosure Standards Board (CDSB) and the Value Reporting Foundation (VRF)).

Hear from Jonathan Labrey, on how the IASB and the ISSB are working together to develop a global baseline of sustainability disclosure standards backed by the G7, the G20, and Central Bank Governors from more than 40 jurisdictions.
 

IFRS developments

Rika Suzuki, IASB, Richard Moore, EY and Pieter Dekker, EY 
Hear directly from the IASB and EY on the IASB’s agenda and key developments in accounting standards, including their work on reflecting climate-related risks in the financial statements. One of most popular sessions at the FRO!
 

Economic Outlook

Peter Arnold, EY 
Can the UK economy continue to avoid technical recession and an easing of inflationary pressures? Hear from Peter Arnold, EY's Chief Economist in the UK and sponsoring partner of the EY ITEM Club on his expectations for the year ahead.

The EY ITEM Club is a leading UK economic forecasting group, producing quarterly economic UK forecasts, special reports and forecasts. EY has been sole sponsor of the ITEM Club for more than 25 years. It is the only non-governmental forecasting group to use HM Treasury's model of the UK economy.
 

Corporate transparency: strengthening fraud risk management frameworks

Emma Browne, EY
How to strengthen your fraud risk management framework to protect the long-term value of your organisation. Hear from our Forensics Fraud and ESG partners discussing the implications of the upcoming anti-fraud legislation including the new “failure to prevent fraud” offense. (UK Economic Crime and Corporate Transparency Bill). They will be sharing updates on the proposed fraud legislations and providing insights into what companies are doing to strengthen their corporate governance to stay out of trouble.
 

US financial reporting developments

Steven C. Jacobs, EY and Adam Dufour, EY 
From our Capital Markets practice, our Washington and London based Partners will discuss developments and points of focus of the key US standard setters and regulators, including the SEC, FASB, and PCAOB, they have seen in the last year. The discussion will cover current standard setting and rulemaking, trends in SEC staff comments, as well as emerging rulemaking areas.
 

Navigating financial risks: protecting Treasury in today’s volatile markets

Sangdeep Bakshi, EY and Pritika Saraf, EY
In today's fast-paced and unpredictable financial landscape, Treasury risk management has become increasingly crucial for organisations. This session covers key challenges and risks that Treasurers may encounter in the current market conditions, and offers insights and strategies for safeguarding your organisation in the face of market volatility.
 

Neurodiversity: making a difference

Ayo Sokale, Civil engineer, BBC presenter and STEM ambassador
Statistics show that 1 in 5 people are neurodivergent. Hear from Ayo Sokale on navigating life on the autistic spectrum, how to create an inclusive environment, have a positive impact and champion change for your colleagues, family and friends.
 

Effective leadership: through transformation and challenging times

Amy Walters, EY Lane4 and Dominic Mahony, EY Lane4
Great leadership is vital to transform a business. We will explore the many global trends impacting organisations today and what leaders need to do to achieve success in a high performing environment. We will share lessons learnt and demonstrate how the correct mindsets is critical to ensuring leaders are future-fit for their environment.

EY Lane4 is a leading UK consultancy that specialises in leadership and team development, organisational performance, transformation and culture change.