EAA Corporate Reporting Committee

With the new EAA Corporate Reporting Committee (CRC), the association wants to actively participate in debates about how companies can and should inform the wide variety of stakeholders about their activities and their impact on society in general. In addition, since non-financial information is increasingly attracting the interest of policy makers and standard setters, through the work of  this new committee the EAA aims to create awareness of the policy issues on these matters, and collaborate with policy makers and standard setters to facilitate evidence-based policy making. With a focus on what the IASB describes as ‘wider corporate reporting’ – alternatively, integrated, nonfinancial, or sustainability reporting – the CRC sits alongside, and complements, the existing EAA Financial Reporting Standards Committee (FRSC) in bringing contributions of academics to the standard-setting discussions and processes.

To establish the CRC, the EAA organized an open meeting in Brussels in October 2018, which 45 EAA members attended, and had a fruitful discussion on the scope, the expected output and the organisation of the future Committee. Following this process, the CRC was formally created in February 2019. It has adopted a broad perspective that contemplates all stakeholders, as well as all aspects of corporate reporting, and does not align with any specific institutional body. The CRC’s work will mainly consist of responding to external requests in the form of Comment Letters, but other means will also be used to increase its visibility. The CRC is organized in a similar way to other EAA Committees: it is a permanent committee, but can also work through ad hoc groups for specific projects. The figure below describes how the CRC engages with society:

Because of the wide range of issues it will be dealing with, the CRC is made up of ten academics. All have extensive experience in research in non-financial reporting, among other areas, and they are all very interested in addressing the new challenge of the EAA:

Anyone interested in volunteering to work with the CRC or requiring further information about its activities is invited to contact the chair, Begoña Giner (begona.giner@uv.es)