Hans Hoogervorst, Chair of the Board, gives an overview of the Exposure Draft Management Commentary in which a comprehensive framework has been proposed for companies preparing management commentaries aligned with investors’ information needs.

The proposed framework represents a major overhaul of IFRS Practice Statement 1 Management Commentary. It builds on innovations in narrative reporting and would enable companies to bring together in one place the information investors need to assess a company’s long-term prospects—such as information about the company’s intangible resources and relationships and about sustainability matters that affect the company.