Page 201 - F1 - AB Integrated Workbook STUDENT 2018-19

Accounting and finance functions within business

2.2 Integrated reporting

Many companies adopt an integrated reporting approach which means that their
financial statements cover the organisation’s financial performance and position
(using the three primary financial statements mentioned earlier), but also report on
any other relevant information that would be of interest to the users.

E.g.

 major risks the organisation faces and any actions they have taken to deal with
these risks

 the organisation’s performance regarding ethics and corporate social
responsibility

 the organisation’s performance with regard to sustainable development.

195