The Malaysian Reserve: CFOs ideal to drive integrated reporting
CFOs are ideally placed to drive momentum for integrated reporting, one of the components of the new Malaysian Code on Corporate Governance (MCCG) launched by the Malaysian securities regulators six months ago.
“The CFO and finance function can ensure that integrated reporting is a core activity and not something undertaken in a corner office,” stated a recent report released by the International Integrated Reporting Council (IIRC), a global coalition of regulators, investors, companies, standard setters, accounting professionals and non-governmental organisations.
Integrated reporting is not about more reporting but rather about achieving better outcomes from reporting, noted the 24-page report entitled “Creating Value: CFO Leadership in Integrated Reporting”.