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

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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.

The IIRC notes that the B20 group of businesses indicated in its Infrastructure & Investment Taskforce Policy Summary that it supports a review by the IIRC and IASB in relation to making corporate reporting more conducive to infrastructure and other long-term investment and eliminating or addressing current barriers.  The IIRC is calling on the G20 to echo this support and push for action at a national level to align the principles of corporate reporting to the objectives of economic policy, in particular to the promotion of long-term investment, as part of the conclusions to the November 2014 G20 summit.

The October edition of the IIRC newsletter, which includes this recommendation, can be obtained from the IIRC website.

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