Business Reporting

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Business Reporting

High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision making. Professional accountants are integral to all phases of organizational reporting. Read More

 

Improving Stakeholder Understanding of Organizational Performance: Making the Most of Supplementary Financial Measures

by Chris Hicks, Principal, Research, Guidance, & Support, CPA Canada and Vincent Tophoff, Senior Technical Manager, IFAC | March 4, 2014 |

Many organizations provide internal and external stakeholders with additional financial measures, beyond accounting requirements, to better capture the organization’s performance and prospects. But the task falls to professional accountants in business to determine what measures are useful and develop and report them. New proposed guidance from IFAC can help them take on this task and provide appropriate, useful information. Read More

 2 Recommended


Business Models in Integrated Reporting—Learning from the Pioneers
by Stathis Gould, Head of Professional Accountants in Business, IFAC | February 14, 2014 |

The business model is a pivotal component of Integrated Reporting (IR). An increasing number of organizations are recognizing this and finding innovative ways to integrate the business model into their reporting and disclosure. Read More

 1 Recommended


Focus on What Really Matters: Key Trends in Sustainability and ESG Reporting
by Stathis Gould, Head of Professional Accountants in Business, IFAC | February 10, 2014 | 2

Investor engagement, regulation, and societal expectations are driving increasing awareness and action on environmental, social, and governance performance. This forces organizations and CFOs to enhance reporting and disclosure, and include ESG factors in daily decision making. But how should organizations provide meaningful and specific disclosures for ESG issues? What significant initiatives and frameworks are available to help? How can organizations ensure reporting and disclosure is useful for users? Read More

 2 Recommended


A Video Introduction to the Consultation Draft of International Integrated Reporting Framework
by Michael Nugent and Vincent Tophoff, Senior Technical Managers, IFAC | November 10, 2013 |

In this brief video presentation, International Integrated Reporting Council (IIRC) technical director and IFAC staff member, Michael Nugent, introduces the Consultation Draft and explains why it is so important. See IFAC's comment letter on the Consultation Draft for additional information. Read More

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New Publication from IFAC Helps Professional Accountants Implement Effective Business Reporting Processes in Organizations
by Vincent Tophoff, Senior Technical Manager, IFAC | November 4, 2013 |

High-quality internal and external reporting is critical for all organizations. High-quality reports promote better internal decision making and high-quality information is also integral to the successful management of any organization. Read More

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