Show me the money, because that’s what really matters
September 20, 2011
Last week, the International Integrated Reporting Committee (IIRC) launched a position paper calling for a change to the way businesses report performance to shareholders.
In short, the paper called for all the reports and disclosures that a company makes throughout the year to be combined into one easy-to-read and easy-to-assess report that covers financial, sustainable and operational performance.
Now, ok, it’s hardly surprising that the IIRC believes that we should use integrated reporting, seeing as it’s in its name, but leaving the potentially tunnelled view to one side, it’s really quite a nifty idea. (more…)
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