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The Integrated Reporting nsortium reports this week that IFAC has issued a strong statement of support for themethodology and that SEBI,the Indian rporate regulator,has announced that the largest 500mpanies in that untry are enuraged to issue Integrated Reports in order to meet their new mandatory Business Responsibility Report (BRR)requirements.
Integrated Reporting provides a framework that allows an anisation to describe its strategy,performance and future prospects in a hesive fashion,integrating (as the name suggests)financial and non-financial reporting under a single umbrella.
The XBRL specifications provide standardised ways for mpanies to express their performance in a universal digital format,no matter what information is nveyed.The two efforts are strongly mplementary and there are significant numbers of people within the XBRL mmunity that also work on.Do check out the IFAC and SEBI developments.
中文新闻:综合报告方兴未艾 |