With the introduction of the Strategic Report by the UK Government and the publication of the International Integrated Reporting Council (IIRC)'s Integrated Reporting (<IR>) framework in 2013, organisations are now required to or are choosing to report a much greater level of non-financial information to stakeholders.  Once the new EU non-financial reporting Directive is implemented in the UK, further mandatory requirements in this area will be introduced.

Some of the challenges faced by organisations in producing this information are how to ensure that controls are effective, the right things are measured and that systems and processes are in place to capture the data needed for reporting purposes. The quality of those systems and outputs must be, as far as possible, evaluated and stakeholders assured on them so that reporting is accurate and reliable.

This report sets out how an organisation's internal audit function can be harnessed by organisations to address these challenges.  It also includes some case studies, showing how certain organisations have already begun to use their internal audit function in this way.

The full report can be obtained from the CIIA website, as can their press release.