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1. What does the term “integrated reporting” encompass, and what should we know about the International Integrated Reporting Council (IIRC) and the entities that support it? I nI need a power point...

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1. What does the term “integrated reporting” encompass, and what should we know about the International Integrated Reporting Council (IIRC) and the entities that support it?

I nI need a power point slideshow

Answered Same Day Nov 18, 2021

Solution

Akash answered on Nov 25 2021
155 Votes
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Title: Auditing
Contents
Introduction    3
What Integrated Reporting Encompasses    3
Integrated Report    3
The International Integrated Reporting Council (IIRC) and Entities supporting it    4
Mission    5
Vision    5
Momentum Phase    5
Conclusion    6
Works Cited    7
Introduction
Integrated reporting is a representation of the company performance relating to the terms of financial and non-financial information. In the year 2009, the meetings of investors, companies, accounting bodies along with representatives of the country has been convened. Additionally, the prince has established a body IIRC (International Integrated Reporting Council) for the creation of a globally acceptable integrated reporting framework.
A reporting committee has been formed in the year 2010 with an aim to create a global accepted framework. The objective behind the forming of such council is to make development of an internationally accepted integrated reporting framework, to help the companies for providing a concise communication over time.
What Integrated Reporting Encompasses
Integrated reporting is a report, which has a concise communication about the organizational strategy, its governance, its performance and also the prospect, which leads in value creation in different periods of time. As opined by Thomson, integrated reporting is an integrated representation of the performance of the company, in the terms of financial and non-financial information.
Moreover, this report provides high context for performance of the data and also makes clarifications about the important information’s which fits in the business operations. Additionally, these data help the organizations to take long-term decisions, while the result of the reporting provides benefits to a wide range of stakeholders who are mainly aimed as a provider of financial capital allocations decisions.
Integrated Report
This integrated report may be a standalone report or also it can be included as a means of a differentiable part of other reports. This reporting mainly aims for incorporating all the things from the strategy from the risk management for meeting the requirement of the
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