Today, this highly popular seminar, run by Black Sun Corporate Reporting returned for its second session, and proved to be as animated as the first, where representatives from the FTSE 100 and FTSE 250, along with advisory bodies debated over the definition of the business model and how it should be reported.

The debate was sparked off by a presentation providing examples of different approaches to business models from organizations around the globe.

Throughout the roundtable discussion, attendees shared their thoughts and concerns as to how the business model can be interpreted and subsequently how they can be reported.

The headline conclusion from the seminar was that each individual company and also each business sector should be identifying and subsequently reporting their business model in relation to their USP.

One FTSE 100 delegate commented after the seminar, 'Excellent. Very nice balance between a well-informed, short and pithy scene set and a longer discussion of what people are doing. Both created value for me.'