Voluntary disclosure
Voluntary disclosure is information an entity chooses to provide beyond what it is required to report. It can explain strategy, performance and stakeholder concerns, but should be reliable, balanced and consistent with other information. Describing disclosure as voluntary does not make misleading statements acceptable or remove other applicable obligations.
Worked example
A private business publishes service-quality and workforce-development information beyond its minimum reporting requirements, explaining how the measures were calculated and their limitations.
Common mistake
Assuming voluntary information need not be checked or presenting only favourable indicators while concealing relevant adverse outcomes.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Supporting | September 2026–June 2027 |