A recent post on the Forbes Finance Council cites adoption of integrated reporting as the third of Ten Powerful Actions To Restore Public Trust And Confidence In The Global Economy. Author Russell Guthrie, Executive Director External Affairs and CFO at IFAC explains: 

Integrated reporting is one initiative where the profession can go a long way to drive the sustainability agenda. An International Integrated Reporting Framework, founded on integrated organizational thinking, presents an opportunity to produce a clearer corporate reporting system that’s more conducive to financial stability.

In its new article, IIRC Sees Global Progress in Integrated Reporting, Accounting Today used the occasion of the release by the IIRC of its own 2016 Integrated Report to review the state of the movement reporting that 1,500 companies in 62 countries across the globe are now issuing integrated reports. There are roughly 20 companies in the U.S. issuing this type of report.

The article quotes Barry Meloncon, AICPA president and CEO, who is also global chairman of the IIRC, on the role of accountants

“As integrated reporting becomes more common, there are a lot of aspects of integrated reporting that either the profession would be involved with helping people to produce, or potentially in some parts of the world [provide] some attestation on some of the information,” said Melancon.

From the IFAC website:

Integrated reporting enhances the way organizations think, plan, and report their business’ story. It is used as an opportunity to communicate a clear, concise, integrated story explaining how value is created within the organization. It can help businesses think holistically about their strategy and plans, make informed decisions, manage key opportunities and risks to build investor and stakeholder confidence, and help manage the organization’s performance.

This publication from IFAC and the International Integrated Reporting Council will help small- and medium-sized entities (SMEs), including non-profits, adopt integrated reporting and realize its benefits. It will also help users understand the benefits of using the International Integrated Reporting Framework, including the flexibility of its principles-based structure and approach.

Download this new paper on the IFAC website.

Published on Jan 5, 2015

Erin Nahumyk, Director of Accounting Policy and Sarah Nicholls, Head of Global Corporate Sustainability at JLL discuss how Integrated Reporting helps them tell the company’s value creation story, and how implementing Integrated Reporting has helped the connectivity within JLL.

The latest issue of The CPA Journal includes articles based on recent programs on sustainability, integrated thinking and reporting as well as corporate governance. The excerpt provided here by Richard Kravitz features Barry Melancon, president and CEO of the AICPA and chairman of the board of the IIRC and Mervyn King, former chair of the IIRC and one of the early founders of the movement. 

Read the excerpts