Integrated Reporting - A reporting evolution
Integrated reporting or 'IR' as it is symbolised by the International Integrated Reporting Council (IIRC) has evolved as a corporate reporting concept in response to calls to improve company performance reporting and to provide a more comprehensive picture of a company's business model for long-term value creation.
This publication from Deloitte (UK) discusses the main features of an integrated report noting that such a report will place emphasis not just on financial performance but also on other non-financial performance metrics such as environmental and social impact. The publication also discusses the key benefits of integrated reporting and highlights that given the expected move to integrated reporting in the future, organisations should prepare now to ensure that they have the systems in place to be able to capture the non-financial data they will require to be able to comply.