The Future of Corporate Reporting

10 August 2018 in Blog posts

The Institute of Public Auditors in Germany (Institut der Wirtschaftsprüfer in Deutschland) has released a position paper on the future on corporate reporting, (only available in German). IDW’s Matthias Schmidt shares some insights into their thoughts on the future of reporting.  Financial statements alone do not sufficiently display companies’ market value: The book value of SAP …

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New academic database points to clear benefits in adopting integrated reporting

8 August 2018 in News releases

Washington DC, 8 August 2018 The International Integrated Reporting Council (IIRC) is today launching a new <IR> Academic Database, bringing together over 200 academic studies highlighting the potential positive ramifications of adopting integrated reporting, as well as commenting on emerging best practice. Research included in the database concludes that integrated reporting leads to increased stock …

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UK businesses take a step closer to integrated reporting as the IIRC welcomes revised guidance from the UK Financial Reporting Council

31 July 2018 in News releases

The International Integrated Reporting Council (IIRC) welcomes the updated guidance from the UK Financial Reporting Council on the strategic report, which promotes integration of information and clear, concise, value-based reporting. The guidance states, “In developing the Guidance, the FRC was mindful of developments in integrated reporting.” Continuing, “The International Integrated Reporting Framework and the Guidance …

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New Research on Reporting in New Zealand published by the McGuinness Institute

23 July 2018 in Blog posts

Neil Stevenson (IIRC Managing Director, Global Implementation) pictured with McGuiness Institute publication Survey Insights: An analysis of the 2017 Extended External Reporting Surveys. Wendy McGuinness, Chief Executive of the New Zealand-based think tank McGuinness Institute, recently visited the IIRC offices in London. She brought with her a number of publications from the Institute’s Project ReportingNZ, …

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Integrated reporting ideal tool for responding to new UK Corporate Governance Code

16 July 2018 in IIRC's news

The UK’s revised Corporate Governance Code issued today provides the ideal opportunity for British companies to adopt integrated reporting, with the new Code strengthening the alignment with the International Integrated Reporting Council (IIRC). A principle of the new Code issued by the Financial Reporting Council (FRC) is that the board should have the necessary ‘resources’ …

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IIRC welcomes appointment to IASB Management Commentary Consultative Group

10 July 2018 in IIRC's news

The International Integrated Reporting Council’s Chief Technical Officer, Lisa French, has been appointed to the International Accounting Standards Board (IASB) Management Commentary Consultative Group. The IASB is revising and updating its practice statement on Management Commentary, initially issued in 2010, to reflect the latest developments in corporate reporting. This consultative group has been appointed to …

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IIRC Newsletter

3 July 2018 in Newsletter

In this issue: <IR> Technology Initiative: New guide on integrated reporting for Chief Information Officers published From Monocapitalism to Multicapitalism: 21st Century System Value Creation IIRC launches new <IR> Network group to drive integrated thinking CFA Institute and IIRC in new global partnership to promote integrated reporting in financial analyst community PwC survey demonstrates 84% …

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