Framework for integrated reporting launched
Aim is to provide greater insight into resources used by and relationships affecting a company
[SINGAPORE] Integrated reporting, which looks at the ability of a business to create value in addition to its financial performance, got a significant boost on Sunday with the launch of a formalised framework.
The International Integrated Reporting Framework (IR Framework) - meant to establish the guiding principles of an integrated report - was released following a months-long global consultation process.
It was issued by the International Integrated Reporting Council (IIRC), a global coalition of regulators, investors, companies, standards-setters, the accounting profession and non-governmental organisations.
Copyright SPH Media. All rights reserved.
