The ACT has commented in the past during the various stages of previous consultations on reporting.
Since the Chancellor’s announcement about the future of narrative reporting at the end of 2005, the ACT has commented in its letter of December 19th.
It has also joined with a number of other bodies in commenting on directors’ liabilities in the letter of March 14th. Our principal concerns were the future of forward-looking narrative reporting and a desire for a safe harbour provision to avoid such discussion being of the bland, boiler-plate type. These remain our key issues.
