Of interest to Financials, Tax and Self Assessment SIG
The International Integrated Reporting Council (IIRC) – the group of some of the largest organisations and accounting firms in the world – has opened a consultation on a prototype of an integrated reporting framework.
The IIRC released a prototype of a framework – to allow financial report compilers to integrate non-financial information, such as environmental and social economic costs, into financial statements – at the end of November 2012. A “worldwide invitation” has been issued and the IIRC is holding 15 events globally to launch the framework consultation – six of which are being hosted by stock exchanges.
Read more here … http://www.accountancyage.com/aa/news/2261369/consultation-launches-on-integrated-reporting-framework#ixzz2RT3aj0IZ