Integrated reporting continues to gain global momentum and help change the way businesses think about creating value over time—but it is integrated thinking that will ultimately change corporate behavior and lead to more resilient organizations and greater trust in business and government.
El reciente acuerdo entre todos los 193 estados miembro de la ONU sobre los 17 objetivos de desarrollo sostenible (denominado igualmente “Objetivos globales”) evidencia un compromiso político difundido para tratar algunos de los asuntos más espinosos del mundo.
Part of the climate risk problem is rooted in the age-old problem of transparency—but this is a problem integrated reporting, combined with integrated thinking, is designed to fix.
The launch of the Natural Capital Protocol should spark professional accountants to help businesses respond to natural capital impacts and dependencies—the sustainability of organizations, economies, and societies depends on it.
Since the launch of the International Integrated Reporting Framework at the end of 2013, global momentum of Integrated Reporting is promising. However, to achieve wide scale adoption, the Integrated Reporting movement needs the leadership of financial professionals.
During 2016, the IFAC Professional Accountants in Business Committee completely changed its meeting structure, with both a positive reception from participants and increased impact overall.
The accountancy profession faces significant opportunities and risks from digital disruption and rapidly evolving technology.
IFAC recently issued a policy position on integrated reporting highlighting the need for a single report providing a fuller picture of an organization’s ability to create value over time, and greater interconnectedness between different reports.
A lack of confidence in non-financial information is hindering its utility for users assessing an organization’s performance and potential for long term value creation—using their knowledge of management and process control, professional accountants can do much to improve confidence in the non-financials.
Financial modelling that enables an understanding of how a Product-as-a-Service model can be viable and represented by financial statements will help to unlock new investment in new innovative and sustainable business models.