Integrated Reporting - Insights to the IIRC Consultation Draft
Telling the story of long term value creation
The International Integrated Reporting Council (IIRC) published a Consultation Draft of the Integrated Reporting Framework (Framework) for public comment on 16 April 2013.
Comments are due by 15 July 2013. This Framework was developed based on the comments received by the IIRC on the 2011 Discussion Paper “Towards Integrated Reporting – Communicating Value in the 21st Century” and constitutes the next step in the process to issue the International Integrated Reporting Framework later in 2013.
The Framework is to be welcomed as it presents a much clearer picture of the required approach, considerations, inputs and disclosures to generate an effective and meaningful Integrated Report. Although the Framework is based on the Discussion Paper, it encompasses both a refinement and elaboration of the applicable concepts and principles
which inform and underlie Integrated Reporting (IR) and the Integrated Report, as well as the various content elements which should be addressed in the Integrated Report.