Professional Documents
Culture Documents
Problem Statement
The extensive reporting practices are falling shot of providing the critical interdependencies that would
help know the ability of company to create value for itself
A research done by ACCA concluded that investors found a link missing between current reporting,
business strategy and risk and that sufficient information is not being provided to assess financial
health
Also there is very little information related to intangibles in annual reports
In 2010 more than 80% value of S&P 500 companies was of intangibles as compared to 17% in 1975
A survey done by PWC shows 63% of investors define business success more than profit
Integrated reporting is a step in that direction that helps bring diverse strands of reporting into a
coherent, integrated whole
Integrated reporting is not just about the report, but about the process of the organizations unique
approach to value creation
Since integrated report is a new area of policy and practice there is a need to thoroughly study and
analyse the requirements of this report both from the perspective of the companies and the consulting
firms
The study done during the course of this project would help KPMG formulate procedures for integrated
reporting and also help companies in making systematic changes to ensure smooth preparation of
integrated report
[year] [legal member firm name], a [jurisdiction] [legal structure] and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative,
a Swiss entity. All rights reserved.
1
Problem Statement
The extensive reporting practices are falling shot of providing the critical interdependencies
There is very little information
INTEGRATEDrelated
REPORTING
to intangibles in annual reports
that would help know the ability of company to create value for itself
[year] [legal member firm name], a [jurisdiction] [legal structure] and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative,
a Swiss entity. All rights reserved.
2