Please choose between the following three options for navigation.
Learn about integrated reporting and how it can be used to enhance your reporting to better serve the needs of investors.
A host of groups have launched initiatives in recent years to curb short-termism in capital markets and improve corporate reporting to better serve the needs of investors and facilitate long-term investment.
Among the initiatives gaining global traction is the International Integrated Reporting Framework (<IR> Framework) which provides a holistic picture of a company's strategy, governance, performance and prospects for long-term value creation.
Formed in the aftermath of the 2008 financial crisis, the International Integrated Reporting Council (IIRC) and its <IR> Framework focus on filling in the gaps for investors and others on exactly how companies create value over the short, medium and long-term. This means putting strategy and business models front and centre and taking into account important assets, resources and relationships that are not reflected in current financial reporting.
The International Federation of Accountants (IFAC) has stated integrated reporting is the future of corporate reporting. Since its release in 2013, 1,700 companies in 72 countries have adopted the IIRC's <IR> Framework.
The shape of integrated reporting varies depending on where you are in the world. In South Africa, the integrated report is the investor-oriented regulatory report. In Canada, companies are experimenting with elements of the <IR> Framework. Canada's existing continuous disclosure requirements are playing a pivotal role in integrated reporting in Canada. The core ingredients of a good integrated report can be found in Management's Discussion and Analysis (MD&A) and the Annual Information Form (AIF).
The IIRC has prepared a useful FAQ with useful answers to common questions about the implementation of integrated reporting. We encourage you to explore the FAQ and discover how easy it is to embark on an integrated reporting journey.
In this document you will learn all about integrated reporting, including:
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.
March 18, 2020
The federal government’s actions and fiscal support to address the widespread and devastating economic fallout of the COVID-19 pandemic are welcomed by Chartered Professional Accountants of Canada (CPA Canada).
Listen to this special edition Practitioner’s Pulse webinar where we answer some frequently asked questions around practice management issues and some key financial reporting and auditing implications of COVID-19.