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.
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, …
Today, reporting practices in the UK are moving swiftly towards an integrated approach, reflecting consideration of long-term value drivers which are critical to the success of a company. This approach is considered best practice and is becoming increasingly aligned with the principles of integrated reporting. Even though companies may not overtly link their efforts the …
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’ …
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 …
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% …
How can we connect non-financial capitals and corporate value? A new book, ‘Corporate Governance and Value Creation in Japan‘, which was launched in May 2018 as my first English book, provides a conceptual framework for integrating intangibles with ROE as well as empirical evidence and case studies supporting this model. Inconvenient truth: No meaningful value …
“We have to get better at looking at the bigger picture, where our driver is not profit above all else, as this is an unsustainable business model”, a quote from an executive – Purpose Beyond Profit: The Value of Value – Board-level Insights Our work is built on the premise that a business can help …