This is a joint research, carried out by ACCA, CFGS and KPMG Turkey and aims to reveal views of the Turkish business world regarding integrated reporting and corporate reporting practices.
A large group of participants, responsible for the implementation of the fundamental strategies and policies of the corporations, took part in the study.
The financial crises experienced in recent years have made it more necessary to be transparent, fair, accountable and responsible when it comes to communications between businesses and stakeholders. It is not enough for companies to only report their financial performance but also to share the added value for their stakeholders and the society and environment that they live in.
The new format proposed at this point is 'integrated reporting', which results in a business model based on an 'integrated thinking'. Integrated reporting has become a popular reporting method and is being implemented in many countries across the globe.
The research results are of great importance in creating the future strategy and road map regarding the integrated reporting in Turkey.