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ARTICLE · 29 MAY 2013

IFRS News - May 2013

The international integrated reporting framework promises to accelerate that debate and influence the future of corporate reporting.

MaltaAccounting and Audit
Fabio Axisa
Fabio Axisa

IIRC PUBLISHES CONSULTATION ON INTEGRATED REPORTING FRAMEWORK

Integrated reporting is getting more and more attention. The international integrated reporting framework promises to accelerate that debate and influence the future of corporate reporting. Jessica Fries, PwC's Integrated Reporting Leader, looks at the proposals and next steps.

The International Integrated Reporting Council1 (IIRC) has issued the long awaited consultation draft of its international integrated reporting framework (the 'framework').

The framework outlines how businesses can better explain how they create, sustain and increase their value in the short and long term. The aim is also to enhance accountability and stewardship, and support integrated thinking and decision-making in the wake of increasing challenges to traditional business models.

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