Integrated reporting <IR>

Integrated reporting (<IR>) is a new approach to corporate reporting which is rapidly gaining international recognition. <IR> is founded on integrated thinking, which helps demonstrate interconnectivity of strategy, strategic objectives, performance, risk and incentives and helps to identify sources of value creation.

About <IR>

<IR> demonstrates how organisations really create value:

  • It is a concise communication of an organisation’s strategy, governance and performance
  • It demonstrates the links between its financial performance and its wider social, environmental and economic context
  • It shows how organisations create value over the short, medium and long term

Browse the IIRC database of <IR> examples.

Why use <IR>?

Increasingly, businesses are expected to report not just on profit but on their impact on the wider economy, society and the environment. Integrated reporting gives a ‘dashboard’ view of an organisation’s activities and performance in this broader context, which will:

  • Enable more effective decision making at board level
  • Improve the information available to investors
  • Encourage more integrated thinking and business practices

Using <IR> to create value and tell the full story

We have produced a guide and toolkit for C-suites encouraging the adoption of <IR>. 'Tomorrow’s business success' shows how chairmen, CEOs and CFOs can use <IR> to help create value and effectively tell the full story.

Download the guide and toolkit.

It is becoming increasingly important that organisations understand and report on all facets of their performance and performance drivers not just the short-term financial aspects.  Integrated reporting gives a ‘dashboard’ view of an organisation’s activities and performance in this broader context, which will:

  • Enable more effective decision making at board level
  • Improve the information available to investors
  • Encourage more integrated thinking and business practices

Read the CGMA briefing on integrated thinking

<IR> for SMEs

The adoption of <IR> is relevant to businesses of all sizes. We have developed a list of case studies that highlight how <IR> provides the ideal basis for successful SMEs to become a global engine of growth and recovery.

Download the case studies (PDF 152KB)

Current perceptions of <IR>

We surveyed C-suite members of CIMA and the American Institute of CPAs (AICPA) about their views on their current reporting and their perceptions of <IR> as a reporting framework. 92% believe bringing together financial and non-financial information would help to explain how their business creates value.  

The full results of the survey provide valuable insights for both the authors and audiences of corporate reports.

Download the survey results at CGMA.org

CIMA and <IR>

CIMA plays a key role in the IIRC: Chief Executive Charles Tilley sits on the IIRC Council and also chaired the IIRC Technical Task Force, the body responsible for developing the first version of the international <IR> framework

Integrated reporting is actively helping us to become a better and more accountable organisation. It causes us to think beyond compliance and financial reporting to deeply examine all the ways in which we deliver sustainable value, and is a highly practical way of redefining how business is done.

More information