This course will enable you to:
- Understand the objectives and benefits of Integrated Reporting
- Implement Integrated Reporting into your own organisation
- Recognise the seven Guiding Principles and consider their implementation
- Apply the Content Elements to your Integrated Report
Integrated Reporting is a radically new approach to annual corporate reporting. Many larger organisations all over the world are making the transition. In South Africa, it is compulsory for listed companies. But what does it actually mean, who's doing it, and what do you need to know to advise your business or your clients?
Integrated Reporting focuses on the inter-connectivity of strategy, corporate objectives, performance measurement, risk assessment, resource allocation and governance. More and more organisations are doing it and it's likely that soon an Integrated Report will be an expected part of the information provided to stakeholders.
This course gives you a clear overview of the Integrated Reporting Framework, and practical advice on its application. It will enhance your understanding of this topical issue in corporate reporting, and enable you to develop an action plan for implementing the framework.
An introduction to Integrated Reporting
- What is Integrated Reporting
- What is Integrated Thinking?
- What is the International Integrated Reporting Framework (IIRF)?
- What are the benefits of following the IIRF?
- What is the value creation process?
- What are the six capitals?
The Guiding Principles of Integrated Reporting
- What are the seven Guiding Principles of Integrated Reporting?
- Strategic focus and future orientation
- Connectivity of information
- Stakeholder relationships
- Reliability and completeness
- Consistency and comparability
The Content Elements of Integrated Reporting
- What are the Content Elements of an Integrated Report?
- Organisational overview and external environment
- Business Model
- Risks and opportunities
- Strategy and resource allocation
- Basis of presentation
Implementing Integrated Reporting
- What are the stages of planning to implement Integrated Reporting?
- How can an organisation embed Integrated Thinking?
- What processes and systems are required to implement Integrated Reporting?
- How can an organisation enhance the credibility of an Integrated Report?
- What are the challenges of obtaining assurance to enhance the credibilty of an Integrated Report?
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- Was the learning activity relevant to your career?
- Can you explain how you will apply the learning in the workplace?
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