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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
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Through its membership of the Business and Industry Advisory Committee to the OECD, BIAC, IFAC is actively involved in the work of the Organisation for Economic Co-operation and Development (OECD).
Integrated reporting helps provide a more holistic view of an organisation’s performance.
Mark O’Sullivan, one of Europe’s leading experts on Integrated Reporting (IR) talks to VLearn about some of the challenges and opportunities inherent in adopting IR as part of a progressive corporate strategy.
Presentation given by Mario Abela, senior policy advisor at IFAC, at the Gulf Cooperation Council Accounting and Auditing Organization forum on the history and status of integrated reporting, and what comes next.
A recent pilot program of the International Integrated Reporting Council suggests that although IR has the potential to fundamentally change corporate reporting, we still know relatively little about its causes and consequences.
This study shows that businesses are hesitant about adopting integrated reporting <IR> with the majority taking a ‘wait and see’ approach.
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.
September 26, 2014 - New Zealand Herald
September 25, 2014 - Association of Chartered Certified Accountants
September 25, 2014 - Accounting Today
September 25, 2014 - IFRS Foundation
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