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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
Seeks to be a catalyst to removing unnecessary text and data from annual reports.
Offers suggestions on how companies can adopt a new reporting structure that integrates key governance information with the rest of their business reporting; implement, measure, and communicate sound business principles; and tell the governance story, while also ensuring compliance with relevant codes and legislation.
This article from CPA Singapore discusses how Asian countries respond to environmental issues and deal with sustainability reporting.
An empirical study of annual reports concerning economic analysis and strategy related information based on International Financial Reporting Standard (IFRS) Practice Statement: Management Commentary.
This report presents the rationale for integrated reporting, offering initial proposals for the development of an international Integrated Reporting Framework and outlining the next steps towards its creation and adoption. A Consultation Draft of the International Integrated Reporting Framework was published in 2013; a final version of the Framework is due in December 2013.
Features 25 prominent business leaders provide their recommendations on what should be done to effectively improve governance (including risk management and internal control), the financial reporting process, audit, and the usefulness of business reports in the aftermath of the financial crisis of 2008. The report provides a summary of interviewees' recommendations in each area and highlights some of IFAC's related initiatives.
Providing accounting and assurance professionals with guidance to leverage value from XBRL initiatives and compliance requirements.
September 30, 2014 - The Accountant
September 30, 2014 - ICAS
September 26, 2014 - New Zealand Herald
September 25, 2014 - Association of Chartered Certified Accountants
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