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According to Yen-Pei, ACCA will continue to work over the coming months to get businesses across the world ‘thinking ahead’ when it comes to <IR>.
Neil Stevenson, director of global implementation at IIRC said:
‘Over 2,000 organisations are now adopting the International <IR> Framework globally. These organisations are forward thinking, having recognised the benefits of evolving their reporting practices. To continue this momentum, we will need to continue to energise the 'pull factor' from investors and other providers of financial capital, capture the benefits of innovations in reporting, and demonstrate examples of leading practice. Reports such as these, released today by ACCA, are so important to the Integrated Reporting movement. They play an important role in raising awareness of <IR>, why changes are needed to current corporate reporting practices, and the need for greater connectivity of strategy, risks and value creation.