News

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The Australian: 'Concerns of company directors about increased liabilities should not be allowed to stand in the way of formulating new global reporting rules.'

6 December 2012 in In the news

IIRC chief executive Paul Druckman said concerns about directors’ liabilities flowing from the introduction of integrated reporting were more pronounced in Australia than anywhere in the world, but that this should not be used as a reason to do nothing. IR is a new form of reporting designed to provide concise communications to investors about …

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CIMA Financial Management: 'Time to recognise value of integrated reporting'

6 December 2012 in In the news

Charles Tilley, Chief Executive, CIMA, writes: “The development of integrated reporting is set to become one of the most valuable assets for the business world. Why? Because it will give a much clearer picture of an organisation’s activities and performance. It will also facilitate the move towards business sustainability. As we all know, the purpose …

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Financial Director: IIRC releases prototype of Integrated Reporting Framework

29 November 2012 in In the news

AN INTERNATIONAL BODY of the largest organizations and accounting firms in the world has released a prototype of an integrated reporting framework. The International Integrated Reporting Council (IIRC) has released a prototype of a framework to allow financial report compilers to integrate non-financial information, such as environmental and social economic costs, into financial statements. Read the …

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IIRC Releases Prototype of the International <IR> Framework

26 November 2012 in News releases

(London, November 26) The International Integrated Reporting Council (IIRC) today releases a Prototype of the International Integrated Reporting (<IR>) Framework, a significant further step towards publication of version 1.0 of the Framework in 2013. Releasing the Prototype Framework is an interim step intended to demonstrate progress towards defining key concepts and principles that underpin <IR>, and …

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Paul Druckman addresses Public Relations Institute of Australia,

26 November 2012 in In the news

Public Relations Institute of Australia College of Fellows’ Dinner (Paul Druckman; 20-minute after dinner speech; Sunday 18 November 2012)  It is a great privilege to be asked to address the College of Fellows’ Dinner this evening.  Being a “Fellow” is an honour and something you carry with you for life, speaking as a Fellow of …

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November Newsletter

23 November 2012 in Newsletter

In this issue: Pilot Programme Members Share Their Experiences <IR> in Japan Research finds significant business benefits of Integrated Reporting Integrated Reporting in Sri Lanka <IR> in the News Hong Kong talks <IR> Read the full November Newsletter

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Integrated Reporting will drive our economy in Tokyo

21 November 2012 in Blog posts

The beginning of November in Tokyo marks the start of the autumn and the colouring of the leaves. This year, it also held key conferences and meetings on Integrated Reporting <IR>. For me, the highlight was the <IR> Roundtable where IIRC Council members met with senior Japanese members from companies, investors and policy makers to …

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IFAC Council Seminar Explores Integrated Reporting

20 November 2012 in In the news

The International Federation of Accountants (IFAC), the global organization for the accountancy profession with members and associates in 127 countries, held its 35th Council Meeting in Cape Town, South Africa this week. As part of the meeting, IFAC held its annual seminar, which focused this year on integrated reporting. The seminar, A Fundamental Shift in Corporate Reporting, featured …

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Letter from Paul Druckman, CEO IIRC, to the Financial Times: Investors need a clearer picture of value creation

19 November 2012 in In the news

Sir, John Plender (The Last Word, FTfm, November 12) makes a convincing case for the limits of the UK corporate governance code, pointing particularly to the issues of remuneration and internal governance practices that have been the cause of several corporate failures and crises in recent years. Mr Plender’s article begs the question: are we …

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