Integrated reporting is a reporting framework that combines financial, environmental, social and governance information into a single report. It is a comprehensive approach to corporate reporting that provides a clearer and more holistic picture of an organization’s performance. It is designed to help stakeholders better understand the interconnections between an organization’s operations and its impact on society.
It combines the traditional financial reporting with non-financial information such as environmental, social and governance (ESG) performance. The aim of this type of reporting is to provide stakeholders with a holistic view of the organization’s performance and its contribution to the greater good.
Integrated reporting is becoming increasingly important in the current climate of climate change. Thanks to the cooperation between all universities, a lot of knowledge has been shared and students have been trained to become accountants of the future. Useful information for businesses, SMEs, universities and students can be found here.