In his introduction to Advance HE’s recent conference to launch its new report “Let’s talk value: How universities create value for students staff and society by Professor Carol Adams, Jonathan Labrey, Chief Strategy Officer, International Integrated Reporting Council, shared his perspective demonstrating the value universities create. There appears to be a real mismatch between the multi-dimensional value …
A series of ‘breakthrough’ moments have been named by the International Integrated Reporting Council (IIRC) in its 2017 integrated report published today (Thursday 13 September 2018), signalling the breadth of support for integrated reporting as it becomes embedded by businesses around the world. Integrated reporting has been established since 2010 as a broad-based framework for …
Jyoti Banerjee, strategic advisor to the IIRC, highlights that by adopting the principles of integrated thinking and reporting, universities can move away from a focus on reporting short term financial metrics to a multi-stakeholder approach which offers compelling narratives about their value. As CFO of Exeter University, Andrew Connolly is always seeking to balance the …
The IIRC Council Chair, Professor Judge Mervyn King, will be giving two key note address at the Corporate Directors Conference 2018 on Tuesday 18 September 2018 in Kuala Lumpur. Speaking on the subject, ‘value creation in the era of seismic disruption’, King will consider how the audit profession has reached a tipping point, arguing that …
The ICAI has announced to introduce a new category ‘Integrated Reporting’ in the ‘ICAI Awards for Excellence in Financial Reporting’, to celebrate the best emerging corporate/ business reporting practice, which has been encouraged by SEBI also. Inclusion of this new category by ICAI in the list of various categories of ICAI Awards for Excellence in …
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 …
On 8 August 2018, Richard Howitt, CEO, IIRC presented at the American Accounting Association Annual Meeting, where he launched the new <IR> Academic Database. A transcript of his speech is shared in full below. Madam President – Anne Christensen – and distinguished guests, it is an honour to have this opportunity to address the American …
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 …
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 …
In this video with IIRC Ambassador, Mitzi Wyman, Professor Judge Mervyn King reflects on his early life and career under apartheid, his work with President Mandela and the need for ethics and good governance in business.