IR Leader
April 02, 2013

For CIRI Members Only

CIRI Issues Backgrounder: Integrated Reporting

Integrated Reporting: A Natural Evolution in Corporate Reporting

The International Integrated Reporting Council (IIRC), established in 2010 as a joint venture of the A4S, the Global Reporting Initiative and the International Federation of Accountants (IFAC) is developing a framework intended to be a catalyst for integrating the many forms of reporting; it is not designed to replace existing disclosures. Instead, it is the means by which companies communicate how they preserve and create value over the short, medium and long term.

The IIRC released a prototype of the framework in November 2012 and plans to release background papers on such topics as business model, the capitals and materiality prior to the release of a consultation draft of the framework on April 16, 2013. Launch events will be held in Australia, Brazil, Canada, China, Germany, India, Japan, the U.K., the U.S. and South Africa. The launch marks the start of a 90-day public consultation period. The goal is to create a framework for reporting on strategy, governance, performance and prospects in a format that is comparable from company to company and globally accepted as the norm by report preparers, standard setters and investors.
To read this IR Issues Backgrounder, click here.
(Please note that this is a Member Only publication. You must be logged in to view.)