Integrated Reporting news

The International Integrated Reporting Framework (IIRF), published by the International Integrated Reporting Council (IIRC) in December 2013, explains the fundamental concepts of integrated reporting and provides principles-based guidance for entities wishing to prepare an integrated report. 

Although there is no requirement in the UK to comply with the IIRF, this page provides a number of news items for those companies wishing to learn more.

Latest news

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ACCA report into the challenges of providing independent assurance over an integrated report

20 Nov, 2015

The Association of Chartered Certified Accountants (ACCA) has published a report into what it sees as the challenges to providing independent assurance over an integrated report. The report concludes that the absence of suitable criteria upon which to audit the integrated report against is “the most significant obstacle to assurance over the integrated report, more so than the risk of auditor liability”.

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IFAC paper on the contribution of professional accountants to integrated thinking

04 Nov, 2015

The International Federation of Accountants (IFAC) has released 'Creating Value with Integrated Thinking: The Role of Professional Accountants'. The paper sets out a vision for integrated thinking and explores what professional accountants working in the public and private sectors can do in practical terms to facilitate it in their organisation, regardless of whether their organisation is planning to publish an integrated report.

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IIRC appoints new Board

30 Sep, 2015

The International Integrated Reporting Council (IIRC) has appointed a new Board of Directors.

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Applying the Integrated Reporting concept of ‘capitals’ in the banking industry

07 Sep, 2015

A paper, written on behalf of the <IR> Banking Network, analyses the application of the multi-capitals approach in the IIRC framework for integrated reporting in the banking sector. The paper also aims at providing industry specific guidance on the application of <IR>.

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IIRC releases draft competence matrix for Integrated Reporting

03 Aug, 2015

The International Integrated Reporting Council (IIRC) has released a draft matrix of competencies that it sees as essential for anyone working within an Integrated Reporting (“<IR>”) environment. Comments on the draft are requested by 16 September 2015.

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IAASB developments

17 Jul, 2015

The International Auditing and Assurance Standards Board (IAASB) has released revised International Standards on Auditing (ISAs) to better deal with disclosures in financial statement audits. It has also released a publication on assurance on integrated reporting.

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CIIA publishes report on the role of internal audit in non-financial and integrated reporting

15 Jul, 2015

The Chartered Institute of Internal Auditors (CIIA) has published a report setting out how internal audit can be harnessed by organisations to facilitate the reporting of non-financial information to stakeholders.

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IIRC publishes document summarising feedback received on its assurance on integrated reporting papers

10 Jul, 2015

The International Integrated Reporting Council (IIRC) has published a document summarising feedback received on its Assurance on Integrated Reporting papers which were published in July 2014.

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The Bruce Column — Taking corporate reporting to a higher level

16 Jun, 2015

The recent gathering of the UK Integrated Reporting Business Network emphasised how far the reporting system had progressed and how it was promoting stewardship and longer-term value creation in capital markets. Our resident, regular, columnist Robert Bruce provides an update.

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Sustainability reporting update

16 Jun, 2015

A brief overview of recent sustainability reporting developments at the Global Reporting Initiative (GRI), the Climate Disclosure Standards Board (CDSB) and the International Integrated Reporting Council (IIRC).

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Table connecting corporate non-financial reporting approaches

24 Feb, 2015

The Climate Disclosure Standards Board (CDSB) has published a table showing how the most widely used corporate natural capital-related reporting approaches align.

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The Bruce Column — Integrated reporting

05 Dec, 2014

Our regular resident columnist, Robert Bruce, talks to Paul Druckman, Chief Executive Officer, International Integrated Reporting Council (IIRC) about the 'journey' of integrated reporting.

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Integrated Reporting Public Sector Pioneer Network launched

19 Nov, 2014

The launch of a Public Sector Pioneer Network for Integrated Reporting <IR> was announced yesterday at the World Bank Public Sector Integrated Reporting Conference in Washington.

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IIRC calls on G20 to encourage members to remove barriers to corporate reporting reform

07 Nov, 2014

The International Integrated Reporting Council (IIRC) has called on the G20 group of major economies to encourage its member nations to eliminate or address current barriers to the implementation of corporate reporting reform, and integrated reporting (<IR>) in particular.

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IIRC issues two assurance on integrated reporting papers

31 Jul, 2014

The International Integrated Reporting Council (IIRC) has published two assurance papers which provide an overview of assurance and its relationship to integrated report (<IR>). The papers are intended to stimulate global discussion for those interested in assurance.

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Finalised framework on public sector governance released

03 Jul, 2014

The International Federation of Accountants (IFAC) and the Chartered Institute of Public Finance and Accountancy (CIPFA) have released a finalised international framework on governance in the public sector. The framework contains seven key principles designed to ensure that public sector entities achieve their intended outcomes whilst acting in the public interest at all times. The framework encourages a focus on sustainable economic, social and environmental outcomes and the links between governance and public financial management, and supports the use of International Public Sector Accounting Standards (IPSAS) and Integrated Reporting.

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Corporate Reporting Dialogue launched

17 Jun, 2014

The International Integrated Reporting Council (IIRC) today has introduced the Corporate Reporting Dialogue (CRD) which brings together organisations that have significant international influence on the corporate reporting landscape, among them the IASB and the FASB.

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CIPFA and the IIRC launch network to promote Integrated Reporting in the Public Sector

06 May, 2014

The Chartered Institute of Public Finance and Accountancy (CIPFA) and the International Integrated Reporting Council (IIRC) have announced that they are creating a new network that will aim to pioneer the implementation of Integrated Reporting <IR> within the public sector. The international Public Sector Pioneer Network (“the network”) will seek to demonstrate how IR can be applied across the various different types of bodies in the public sector and will enable members to share their experiences with others of <IR>.

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IIRC and GISR agree to cooperate on corporate reporting and ratings frameworks

01 Apr, 2014

The International Integrated Reporting Council (IIRC) and the Global Initiative for Sustainability Ratings (GISR) have publicly announced they have entered into a 'Memorandum of Understanding' (MoU) that seeks to drive greater coordination of reporting and ratings standards and frameworks globally.

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The Bruce Column — Reporting on corporate strategy, not just the financial data

21 Mar, 2014

Robert Bruce, our regular, resident, columnist talked to Paul Druckman, Chief Executive of the International Integrated Reporting Council, about how integrated reporting is about embracing the wider corporate realities instead of concentrating only on the narrow data.

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