This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IIRC and GRI agree to cooperate

  • IIRC (International Integrated Reporting Committee) (green) Image

Mar 04, 2013

The International Integrated Reporting Council (IIRC) and the Global Reporting Initiative (GRI) have announced that they have entered into a Memorandum of Understanding (MoU) that seeks to formalize the principles for ongoing cooperation, coordination, and alignment between the two organizations.

The MoU seeks to assist both organizations in reaching their mutual interests, which include the following:

  • Efforts to promote the global harmonization and clarity of corporate reporting frameworks, standards, and requirements.
  • The development of their respective reporting frameworks, guidelines, and standards.
  • Transparency and sharing of relevant and significant information.

The MoU follows similar agreements with the International Federation of Accountants (IFAC), announced in October 2012, and International Accounting Standards Board (IASB), announced in February 2013.

The MoU is effective from the date of signing on February 1, 2013, until September 30, 2014, but may be extended by mutual agreement.

Click for:

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.