Forecast reporting in the interim management report

Everyone is familiar with the term 'annual financial statements'. However, since it is questionable to what extent the figures and information published at the end of a financial year are sufficient as a decision-making criterion for (potential) investors, the legal requirement for half-yearly financial reporting was introduced. This is enshrined in the German Securities Trading Act (WpHG) and was finally clarified by DRS 16. But what is the specific situation with regard to forecast reporting? As DRS 16 contains hardly any provisions on this subject, this article shows what information should be included in the forecast report and how these provisions are implemented in practice.

Autorentext
Hannah Derks, born in 1996, grew up in the Allgäu region near Bad Wörishofen and is currently studying Business Administration with a focus on Accounting & Taxation at the University of Cologne. This work is her first publication and served as her final thesis for her Bachelor's degree in Economics at the University of Ulm.