Integrated reporting takes a step forward

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The role and nature of accounting and statutory reporting is likely to change in the years to come if some of the profession’s leading figures get their way.

Since August last year, a committee of experts convened by Prince Charles has been working on ideas for integrated reporting. This week saw the publication of their initial findings in a discussion paper modestly titled, ‘Towards Integrated Reporting – Communicating Value in the 21st Century’. Published by the International Integrated Reporting Committee (IIRC), the paper looks forward to clearer, more user-friendly company reports that make the connections between an organisation’s financial performance and its social, environmental and economic context.


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