Integrated Reporting

Integrated Reporting

Integrated Reporting is a process aimed at producing an integrated report by an organization about its value creation and other related communication. Integrated reporting as proposed by the International Integrated Reporting Council (IIRC) “promotes a more cohesive and efficient approach to corporate reporting and aims to improve the quality of information available to providers of financial capital to enable a more efficient and productive allocation of capital”. In other words, it demonstrates a company’s strategy to achieve its financial targets while creating lasting value for its stakeholders and society. is a market-led response to the latest corporate reporting challenges faced worldwide. Business and investors from over 25 countries are involved in the work of IIRC and have been instrumental in the development of the International Framework.
It is important to note that the value created by a company cannot be expressed in isolation by the financial and sustainability reports but there is an urgent need to establish clear links between ‘single bottom line’ and sustainability impacts. This understanding of the strategic links between economic results and environmental and social issues is today critical for business managers as they are increasingly connected to short and long term risk management. Also, businesses require an environment that is conducive to articulating their internal and external strategies and that attracts financial capital for investment. helps investors understand how this strategy is being pursued in the organization.
Integrated reporting, thus gives a dashboard view of a company’s operations and performances, enabling the board to make better and informed decisions, improving the flow of information to the investors and encouraging more integrated thinking and business practices.

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Business Ethics Business Excellence Corporate Governance CSR effect on cost CSR Intro Sustainability Reporting Process Improvement Material Flow Cost Accounting Risk Management IFRS