Page 164 - ACCA P1 slides 2017-18

Integrated Reporting

The concept of integrated reporting (<IR>)

Integrated Reporting (<IR>) is seen by the International Integrated

Reporting Council(IIRC)as the basis for a fundamental change in the

way in which entity's are managed and report to stakeholders.

Purpose of integrated reporting <IR>

"The primary purpose of an integrated report is to explain to providers

of financial capital how an entity creates value over time. An

integrated report benefits all stakeholders interested in an entity’s

ability to create value over time, including employees, customers,

suppliers, business partners, local communities, legislators,

regulators, and policymakers."

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