Investor view: Insights from the investor community

PwC's Investor view series provides preparers of corporate reports with insights from our ongoing dialogue with the investment community.

These points of view focus on the areas that are of most interest to analysts and investors.

Browse PwC's Investor view catalogue

What should company boards be thinking about as they prepare their viability statement disclosures?


This PwC Investor view report gives suggestions on how to get the most out of your viability statement disclosures.

Corporate performance: what do investors want to know?


Understanding the needs and opinions of investment professionals is crucial if management teams are to prepare truly useful financial reports and accounts. PwC has conducted a series of surveys of investment professionals aimed at maximising the effectiveness of corporate reporting.

Investor view - Return on capital employed


Investors tell us that assessing return on capital employed is often a crucial part of their analysis of company performance and stewardship. In this "Investor view", we look at some improvements to disclosures that could help investors and benefit companies.

Investor View - Seven principles for risk disclosures


The Financial Stability Board’s enhanced disclosure task force has published its recommendations on how banks can improve their risk reporting. While the report is aimed at the banks, the key messages can be applied across all sectors. In this "Investor view", PwC looks at how all companies can apply these principles to their risk reporting.

Investor View - Are you giving investors the comfort they need?


PwC’s publication ‘Assurance today and tomorrow’ shares the views of investment professionals on the value of audit today and their practical suggestions for management, audit committees and auditors on how assurance might evolve in the future.

Investor View - Banking regulatory disclosures


Analysts and investors in the banking sector have identified a number of areas where they are frustrated with current reporting of regulatory capital and liquidity . This ‘Investor view’ looks at some areas that banks might address.

Investor view - Disclosures about the impact of the eurozone crisis


Analysts and investors tell us about a number of areas where they are frustrated with current corporate reporting around the uncertainty in the eurozone and suggest some improvements that could be made to annual report disclosures.

Investor View - Why is use of clear language important in financial statements?


Investors often tell us they don’t necessarily want more information in financial statements but more useful information. They cite among their frustrations boilerplate accounting policies and a lack of useful commentary in the notes. In this ‘Investor view’, we look at the investors’ concerns and simple ways entities can address them.

Investor view - Improving disclosures of foreign exchange and hedging


Investors want to be able to forecast a business’ future cash flows. But they tell us that disclosures around foreign currency and hedging can make that task a challenge. In this "Investor view", we look at what improvements to disclosure could benefit companies.

Investor View - How to win the competition for capital


In this investor view, we bring together the key messages on cash and debt reporting that we hear from investors, and describe how management can improve their voluntary disclosures to better communicate with the capital markets.

Investor View - What are the key issues on banking analysts’ minds?


Analysts and investors in the banking sector have identified a number of areas where they are frustrated with current corporate reporting, and some improvements that could be made to disclosures in the annual report. This ‘Investor view’ looks at some areas that banks might address.

Investor View - How could companies in the Retail & Consumer sector improve their disclosures?


Analysts and investors in the Retail & Consumer sector have identified a number of improvements that could be made to disclosures in annual reports. In this ‘Investor view’, PwC’s R&C leader in the UK Mark Gill looks at how companies in the sector could answer these needs.

Investor View - Changes investors would like to see in an audit


We asked investment professionals, including corporate governance specialists, for their views on how well audit currently serves their needs and how it might evolve in future. This ‘investor view’ highlights some of the key findings.

Investor View - Reconciliations: linkage within financial statements


Investors and analysts use various types of reconciliations to help them understand the underlying performance of a business. These are important when modelling the business and predicting financial performance – but only if the disclosures provided are useful. This edition of ‘Investor view’ looks at what reconciliations the investment community wants to see and how disclosures could be improved.

Investor View - Operating segments: improving disclosure from the bottom up


The area of disclosure that is most likely to generate a heated debate among investors is the quality of segment reporting. Analysts tell us that this essential building-block for all valuations analysis is the area that offers the greatest opportunity for management to differentiate themselves from their peers – and is all too often the area cited as the ‘biggest gap’ in the information set provided by management today. In this ‘Investor view’, we investigate why.

Investor View - Merger and acquisition disclosures


This ‘Investor view’ examines some of the areas commonly cited by investment professionals as offering opportunities to improve the effectiveness of disclosure in this critical area of reporting.

Investor View - Cash flow disclosure: is there enough?


Cash flow disclosures, including the cash flow statement and supporting notes, are clearly important to investment professionals. However, investors tell us that the existing requirements do not provide a full picture. Both the cash flow statement and the supporting notes are frequently cited as areas in which additional information would be useful. This ‘Investor view’ looks at areas in which disclosure of cash flow information could be improved.

Investor View - Narrative reporting: cohesiveness of ‘the story’


The figures presented in the annual report tell us about the entity’s financial performance in the year, but numbers alone are not enough. Investors also rely on the accompanying narrative to understand the complete picture. This ‘Investor view’ looks at some of the ways management can improve the cohesiveness of the messages delivered in the annual report.

Investor View - Spotlight on accounting policies


How clearly do your financial statements communicate the reality of your accounting policies to users? This „Investor view‟ highlights some opportunities for improvement in these disclosures suggested by a number of senior investment professionals.

Investor View - What the CRUF looks for in corporate reports


At the 2010 "Meet the Experts" conference in London, PwC invited participants of the Corporate Reporting Users' Forum (CRUF) – an international forum of investors and analysts – to discuss hot topics in financial reporting. This „Investor view‟ highlights what the investment professionals told the audience they are looking for in corporate reports.

Investor View - Managing expectations around IFRS transition


With some of the world‟s major economies about to move to IFRS, a large number of entities are facing the challenge of helping investors navigate through changes in their reported numbers. In this „Investor view‟, some analysts and investors share their insights on practical steps that management can take to guide investment professionals through the transition to a new accounting framework.

Investor View - A perspective from the IASB


There has been an unprecedented number of changes to IFRS in the last year, and more are yet to come. ‘Investor view’ spoke to Stephen Cooper, formerly head of accounting and valuation at UBS, and now a member of the Board at the IASB, about the Board’s efforts to meet investors' information needs.

Assessing the value of information that companies provide.


"A PwC international survey of investors’ and analysts’ views on theinformation that companies provide."

Investors and analysts debate on current and future corporate reporting.


PwC's Corporate Reporting Users' Forum (CRUF) is a discussion forum whose participants include individuals from both buy and sell-side institutions, and from both equity and fixed income markets with global or regional responsibilities.

Communicating financial performance.


This PwC report offers important insights into the adequacy of corporate communication with the capital market, with suggestions about where better reporting could increase investor's confidence

Shareholder communication.


A PwC paper that explains why clear disclosure and compliance information is vital to effective shareholder communication.

Investor View - The role of the annual report


From earnings releases to webcasts, from press briefings to websites, investors and analysts can access a wealth of information on most of today’s leading companies at the click of a button. In this data-rich, time-poor environment, is there still a role for an annual document of record -- the annual report or 10K? We asked a number of investment professionals.

Investor View - Improving pensions disclosures


How are entities presenting their pensions information it be improved? Peter Elwin, Head of European Pensions, Valuation Accounting Research at JP Morgan, gives his personal view about current pension disclosures and those areas in which there might be some scope for improvement.

Investor View - Improving income tax disclosures


The income tax expense that companies incur can be significant but the tax information in the financial statements is one of the least understood areas of financial reporting. Disclosure already can be extensive, but this edition of ‘Investor view’ looks at what different tax information the investment community wants.

Investor View - Non-GAAP measures


This edition of 'Investor view' provides a high-level overview of the principles that investors tell us should be considered when reporting non-GAAP measures, based on PwC research and ongoing engagement with the investor community.