The Chartered Institute of Management Accountants (CIMA) announced its support for the UK government's consultation to reform the corporate reporting framework, aiming to adapt to the evolving needs of businesses, capital markets, and the broader economy. CIMA believes that effective corporate disclosure should integrate financial and non-financial data, providing transparent, rigorous, and easily accessible information to build confidence among stakeholders and the investment community. Andrew Harding, Chief Executive of CIMA, stated that this could be the most significant change to corporate reporting in the UK in a generation, designed to address the growing regulatory burden and ensure reforms promote UK economic growth and international competitiveness.