Concept of Integrated

Reporting

Group-1
Submitted By-
Vedika Arya
Rishabh Aggarwal
Dharna Lakhmani
Ved Chandola
Karen D’Souza
Manu Khanna
Aarushi Makhija
What is Integrated reporting ?

Integrated reporting (IR) in corporate communication is a "process that results

in communication, most visibly a periodic “integrated report”, about
value creation over time. An integrated report is a concise communication about
how an organization’s strategy, governance, performance and prospects lead to
the creation of value over the short, medium and long term.

Integrated Reporting provides greater context for performance data, clarifies

how value relevant information fits into operations or a business, and may help
make company decision making more long-term.

Integrated Report Of HITACHI -

https://www.hitachi.com/IR-e/library/integrated/2018/ar2018e.pdf
Why Integrated Report ?

Globalization and interconnectivity mean the world’s finances, people

and knowledge are inextricably linked, as evidenced by the global
financial crisis. In the wake of the crisis, the desire to promote financial
stability and sustainable development by better linking investment
decisions, corporate behavior and reporting has become a global
need.
International Integrated Reporting
Council
The International Integrated Reporting Council (IIRC) is a global coalition of
regulators, investors, companies, standard setters, the accounting profession
and NGOs. The coalition is promoting communication about value creation
as the next step in the evolution of corporate reporting.

Mission

The IIRC’s mission is to establish integrated reporting and thinking within

mainstream business practice as the norm in the public and private sectors.

Vision
The IIRC’s vision is to align capital allocation and corporate behaviour to
wider goals of financial stability and sustainable development through the
cycle of integrated reporting and thinking.
 Guiding Principles

•Strategic focus and future orientation

•Connectivity of information

•Stakeholder relationships

•Materiality

•Conciseness

•Reliability and completeness

•Consistency and comparability

hallenges of Integrated Reporting
•Assurance

•Standards

•Complexity

•Materiality

•Diverse Beneficiaries
Difference between Traditional and
Integrated Reporting
Traditional Reporting Financial Reporting
Trust Narrow disclosures Greater transparency
Focus Past, financial Past and future;
connected; strategic
Thinking Isolated Integrated
Time frame Short term Short, medium and long
term
Detail Long and complex Concise and focus on
material issues
Presentation Paper based Technology based
Stewardship Financial capital All capitals (human,
intellectual, social, natural
and similar)
THANK YOU !