From July to October 2016, ACCA worked with the IIRC to review 41corporate reports produced by participants of the <IR> Business Network. The reports covered accounting periods up to 31 March 2016.
The review project provided confidential feedback to participants, aiming to encourage continued improvement in reporting by highlighting both areas of strength and gaps in implementation of the International <IR> Framework.
Areas where reporting can be improved include the following. For each of these areas, practical insight into how improvements can be made is provided through interviews with leading reporters, and real-life best practice examples.
- Value creation
- Defining performance measures
- Reliability and completeness
The report concludes with 8 ‘top tips’ on how to prepare a great integrated report.