Integrated Reporting
Integrated Reporting is the new kid on the block...
...and like many new kids there are great hopes for its future including the ultimate achievement of embedding a strategy that preserves long-term value, simplifying reporting and adding more meaningful information to a wide range of users. But where does the idea come from? What is it trying to do? And what is the current state of development?
And before you think this is just for the accountants, think again. Integrated Reporting aims to incorporate everything from strategy through to risk management; from financial reporting to the inclusion of usage of other capitals (think societal and environmental impacts). And it aspires to meet the needs of a wider group of stakeholders - employees, customers, suppliers and others. So everyone associated with an organisation is likely to be touched by it.
Integrated Reporting
At Deloitte, we see Integrated Reporting as enabling a process which enhances and preserves long-term sustainability in all its dimensions, without unduly sacrificing short-term performance.
Integrated Report
The Integrated Report is in turn an annual report that comprises a holistic and integrated representation of the entity’s efforts to enhance and preserve long-term sustainability in all its dimensions, without unduly sacrificing short-term performance.
Integrated approach to Integrated Reporting
Integrated Reporting is a journey and also a concept that will mature over time.
Contacts
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| Bertie Loots Director Integrated Reporting Tel: +2712 482 0212 Email: bloots@deloitte.co.za |
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| Nina le Riche Director Integrated Reporting Tel: +2721 427 5669 Email: nleriche@deloitte.co.za |