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Presentation on Integrated Reporting
given at ICSI-CCGRT-17th R-MSOP Batch –
JAN -2013
Group Members:
 Ankush Lawte
 Saurabh Deole
 Shailesh Rakhasiya
 Shweta Agarwal
Introduction of Integrated Reporting
1. Misconception of Integrated Reporting
2. Concept of Integrated Reporting
3. IIRC
Misconception of IR
It is not an accounting of trees saved,

carbon offset purchased or funds donated
Reporting for reporting sake
Sustainability report
appended to financial report
Marketing, advertising
Concept of IR
What is Integrated Reporting
IR, an approach to

communicate business value
It is the fusion of
FR
SR
International Integrated Reporting
Council(IIRC)
Concept : IIRC


Drivers of IR

Stakeholder
Group

Regulation
& Compliance
Standard
 Objective of IR
 Selecting key performance and risk indicators
 Practical steps in IR
Objective of IR
 Support the information
 Interconnections
 Necessary framework
 Emphasis on short term financial performance

 Relativeness
Selecting Key Performance & Risk
Indicators
 Areas
 Aspect
 Challenges
 Need to start the process

 Combinations
Practical Steps
 Keep an eye on IIRC
 Engage Top Executives & the Board
 Assign a point person
 Consult with stakeholders

 Seek guidance
BENEFITS OF INTEGRATED
REPORTING
A. Reporting organisations
B. Investors
C. Policy makers, regulators and standard setters and

D. Other stakeholders
Reporting organization perspective
 Accurate non-financial information to stakeholders
 Better resource allocation
 Enhance risk management
 Better identification of opportunities

 Greater engagement with employees
 Lower reputational risk
Investor Perspective
 Risk and opportunities
 Future orientation and outlook
 Improved analysis
 More effective investment decision

 Comparability
Policy Makers and Regulators
perspective
 More effective capital allocation
 Harmonization of approaches
 Economic and market stability
 Stewardship of common resources
Challenges
 Assurance
 Standards yet to be established
 Complexity
 Materiality

 Diverse Beneficiaries
How IR can make a difference ?
 Linkage between financial and non-financial

information
 Reporting of overall performance in integrated way by
the Board
 Benefits of IR
Will IR deliver value or values ?
 Holistic approach
 Important to be realistic
 Unlikely to change investors approach
 Focus on IR will divert the companies from providing

granular information to stakeholders
Conclusion
 World has changed, so reporting needs to keep pace

with it
 IR is still in Embryonic stage in INDIA
 Companies need to be focused in publishing IR
 Requires lot of efforts in terms of money, management
vision and support.
THANK YOU

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Integrated Reporting

  • 1. Presentation on Integrated Reporting given at ICSI-CCGRT-17th R-MSOP Batch – JAN -2013 Group Members:  Ankush Lawte  Saurabh Deole  Shailesh Rakhasiya  Shweta Agarwal
  • 2. Introduction of Integrated Reporting 1. Misconception of Integrated Reporting 2. Concept of Integrated Reporting 3. IIRC
  • 3. Misconception of IR It is not an accounting of trees saved, carbon offset purchased or funds donated Reporting for reporting sake Sustainability report appended to financial report Marketing, advertising
  • 4. Concept of IR What is Integrated Reporting IR, an approach to communicate business value It is the fusion of FR SR
  • 5. International Integrated Reporting Council(IIRC) Concept : IIRC  Drivers of IR Stakeholder Group Regulation & Compliance Standard
  • 6.  Objective of IR  Selecting key performance and risk indicators  Practical steps in IR
  • 7. Objective of IR  Support the information  Interconnections  Necessary framework  Emphasis on short term financial performance  Relativeness
  • 8. Selecting Key Performance & Risk Indicators  Areas  Aspect  Challenges  Need to start the process  Combinations
  • 9. Practical Steps  Keep an eye on IIRC  Engage Top Executives & the Board  Assign a point person  Consult with stakeholders  Seek guidance
  • 10. BENEFITS OF INTEGRATED REPORTING A. Reporting organisations B. Investors C. Policy makers, regulators and standard setters and D. Other stakeholders
  • 11. Reporting organization perspective  Accurate non-financial information to stakeholders  Better resource allocation  Enhance risk management  Better identification of opportunities  Greater engagement with employees  Lower reputational risk
  • 12. Investor Perspective  Risk and opportunities  Future orientation and outlook  Improved analysis  More effective investment decision  Comparability
  • 13. Policy Makers and Regulators perspective  More effective capital allocation  Harmonization of approaches  Economic and market stability  Stewardship of common resources
  • 14. Challenges  Assurance  Standards yet to be established  Complexity  Materiality  Diverse Beneficiaries
  • 15. How IR can make a difference ?  Linkage between financial and non-financial information  Reporting of overall performance in integrated way by the Board  Benefits of IR
  • 16. Will IR deliver value or values ?  Holistic approach  Important to be realistic  Unlikely to change investors approach  Focus on IR will divert the companies from providing granular information to stakeholders
  • 17. Conclusion  World has changed, so reporting needs to keep pace with it  IR is still in Embryonic stage in INDIA  Companies need to be focused in publishing IR  Requires lot of efforts in terms of money, management vision and support.