IIRC seeks feedback on integrated reporting implementation
Mar 01, 2017
On March 1, 2017, the International Integrated Reporting Council (IIRC) announced that it is conducting a two-month comment period to encourage feedback on the implementation of the International <IR> Framework. Feedback is being sought from those involved with preparing integrated reports, providers of financial capital and other users of integrated reports, as well as policy makers, regulators, standard setters, assurance providers and academics.
“We have seen 1,500 global companies adopt Integrated Reporting around the world, with its implementation already becoming mainstream in countries such as Japan and South Africa,” said IIRC CEO Richard Howitt in a statement. “This rapid adoption demonstrates the market view of the International <IR> Framework as a ground-breaking and beneficial tool. It’s now time for us to further assess how this tool is being used to assist the quality of the reporting, reinforce its relevance to new challenges and ensure it remains fully in tune with market needs.”
The IIRC also plans to convene focus groups around the world, in Australia, India, Italy, Japan, the Netherlands, Malaysia, Singapore, Spain, the United Kingdom and the United States, with other locations to be announced later. The IIRC is asking for feedback by April 30, 2017.
Review the press release on the IIRC's website.
