What is Integrated Reporting?
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What makes an Anual Report an Integrated Report?

Integrated Reporting is becoming a hot topic and we come across a few misconceptions when addressing Integrated Reporting. Those who are technical-minded tend to imagine it to mean Integrated Systems while others think that Integrated Reporting involves taking your traditional annual report, and then adding a collection of additional environmental KPIs and additional narratives. 

Integrated Reporting < IR> may involve both of the above, but that is just a small piece of the puzzle.

WHITE PAPERS
  1. The basics of Integrated Reporting
    A quick guide to | Explaining your organization’s Value Creation | Why Integrated Reporting? | What makes an annual report an Integrated Report | Explaining value creation | Integrated Thinking | Impact on Finance Systems (pdf file)
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The key to < IR> is the explaining of your organization's Value Creation: How do you deliver value to stakeholders?

 

Value Creation is largely demonstrated in an Integrated Report by explaining and illustrating the links between the various capitals that are relevant in your organization.
Taking the <IR> graphic as a starting point, you need to take the relevant capitals, then show the flows between capitals that you see in your own organization, then at each point explain the value creation process at each link between capitals. Each organization will have their own unique perspective on the flows between the relevant capitals.

Once you can demonstrate the link between these capitals, and with sufficient narrative to explain the future direction of your capitals, then you are moving towards an Integrated Report.
integrated reporting

Integrated Report Content Elements

Some organizations that produce Integrated Reports have the <IR> graphic on their website, with links on each component as way of quickly navigating to the appropriate section in their Integrated Report. As you can see from this, certain elements are already being reported to some extent in traditional Annual Reports.

Take Performance as an example. This will consist of the financial results, variance reports etc.
For other elements like Organizational Overview and Environment, Future Outlook, Risks, typical annual reports are already mentioning these either in the opening letters to shareholders, or as footnotes, or other narrative.

But historically, organizations have been free to choose what they wish to disclose, outside of the financial results.

With Integrated Reporting, you expect to see these as a minimum set of elements [chapters] in the report.

 

 

Want to Kickstart your <IR> ?

Start using an Integrated Reporting solution which addresses the key component of <IR>:
The link between capitals.

It enables you to link financial, transactional and narrative/text information to tell the true story of your organization and show stakeholders how and where value is created.
We provide the fastest and easiest way towards <IR> !

Let’s talk Integrated Reporting while we show you how OneStream XF supports the <IR> foundations. 

WHITE PAPERS
  1. The basics of Integrated Reporting
    A quick guide to | Explaining your organization’s Value Creation | Why Integrated Reporting? | What makes an annual report an Integrated Report | Explaining value creation | Integrated Thinking | Impact on Finance Systems (pdf file)
    DOWNLOAD HERE

    Please enter your email below to receive the whitepaper:

    Your details will only be used to contact you about the whitepaper. For more details regarding your privacy, you can visit our privacy policy page.

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