ACFI 3217

Week 8 - Seminar Task (Based on Lec.6- “Integrated Reporting”)

KEY POINTS
Seminar Task: Group Presentation
In Lec6, we discussed a new mode or rather framework for
sustainability reporting termed as “Integrated Reporting (IR)”.
Form yourself into groups of not more than five (5) to present the
following theme. The presentation time is not more than 7 minutes
for each group so please ensure you plan the presentation well and
professionally:

THE INTERNATIONAL <IR>FRAMEWORK

The Integrated Reporting <IR> Framework
of the International Integrated Reporting Council (IIRC)

The following point must be discussed clearly:

 What is “integrated reporting”?
 Integrated reporting is “a holistic and integrated representation of the
company’s performance in terms of both its finance and its sustainability”.
 An integrated report is “a single document” that presents and explains a
company’s financial and non-financial performance. An integrated report
aims to provide insight about:
o The external environment that affects an organization
o The resources and the relationships used and affected by the
organization, which are referred to as the capitals
o How the organization interacts with the external environment and
the capitals to create value over the short, medium and long term.
 Contents of “integrated report”;
An integrated report has eight “Content Elements”:
 A Organizational overview and external environment
 B Governance
 C Business model
 D Risks and opportunities
 E Strategy and resource allocation
 F Performance
 G Outlook
 H Basis of preparation and presentation

 Elements of the IIRC framework- (briefly) what do they suggest?

2018-Jaypal Jain-ACFI3217- Week8-Seminar Exercise

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 IIRC Guiding Principles underpin the preparation of an integrated report,
informing the content of the report and how information is presented:
 Strategic focus and future orientation: An integrated report should
provide insight into the organization’s strategy, and how it relates to the
organization’s ability to create value in the short, medium and long term, and
to its use of and effects on the capitals
 Connectivity of information: An integrated report should show a holistic
picture of the combination, interrelatedness and dependencies between the
factors that affect the organization’s ability to create value over time
 Stakeholder relationships: An integrated report should provide insight
into the nature and quality of the organization’s relationships with its key
stakeholders, including how and to what extent the organization
understands, takes into account and responds to their legitimate needs and
interests
 Materiality: An integrated report should disclose information about matters
that substantively affect the organization’s ability to create value over the
short, medium and long term
 Conciseness: An integrated report should be concise • Reliability and
completeness: An integrated report should include all material matters, both
positive and negative, in a balanced way and without material error
 Consistency and comparability: The information in an integrated report
should be presented: (a) on a basis that is consistent over time; and (b) in a
way that enables comparison with other organizations to the extent it is
material to the organization’s own ability to create value over time.

For this purpose, you must use the attached report of The
International Integrated Reporting Council (IIRC). The report is
also available on the Blackboard.

Please ensure that you make your own notes in order to demonstrate
the knowledge and understanding and in supporting and promoting
your group. Rewards could be offered to the best group
discussion/presentation. Please aim to do your best.

2018-Jaypal Jain-ACFI3217- Week8-Seminar Exercise

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