There are many mandates being proposed that could change the disclosure when it comes to financial and non-financial information. The mandates are led by GRI -https://www.globalreporting.org/information/Pages/Reporting-2025.aspx The presentation will cover the following areas: 1. Regulatory Filing 2. Real-time data reporting 3. Big Data 4. Sustainability Reporting 5. Risk Management Sources: 1. Deloitte - https://www.globalreporting.org/information/Pages/Reporting-2025.aspx 2. https://www.globalreporting.org/information/news-and-press-center/Pages/GRI-predicts-new-formats-for-sustainability-reporting-and-real-time-stakeholder-interaction.aspx 3. http://www.triplepundit.com/2016/03/next-era-corporate-disclosure-digital-responsible-interactive/

1. © 2013 IBM Corporation
Next Generation of Reporting
by: Paul Young, CPA, CGA
Proven Practices Adviser –
FPM/FOPM

2. © 2013 IBM Corporation
Disclaimer
 This presentation is based on outlook of reporting changes for business

3. © 2013 IBM Corporation
Paul Young - Presenter
Bio
 CPA/CGA
 25 years of experience in Academia, Industry and Financial solutions
 Youtube Channel - https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

4. © 2013 IBM Corporation
Agenda
 Complexity of Reporting
 Types of Reports
 Solutions

5. © 2013 IBM Corporation
Complexity
 Big Data
– Quicker access to data for decision making
– Multiple entry points for data access/users
 Regulatory Filings
– SEC Filings
– Sustainable Reporting
– Risk Management

6. © 2013 IBM Corporation
What is Sustainable Reporting?
 Definition
– Sustainability reporting can help organizations to measure, understand and
communicate their economic, environmental, social and governance performance, and
then set goals, and manage change more effectively. A sustainability report is the key
platform for communicating sustainability performance and impacts – whether positive or
negative.
 Who is reporting
– 2013 saw 95% of the fortune 250 companies producing sustainable reporting
– 2014 Europe Introduced the Sustainability Mandate
 IBM Value Preposition - https://www-
304.ibm.com/connections/blogs/predictiveanalytics/entry/sustainability_reporting_from_chall
enges_to_opportunity?lang=en_us

7. © 2013 IBM Corporation
Integrated Reporting Framework
 What is Integrated Reporting Framework?
– IR is an approach to corporate reporting that aims to concisely communicate all relevant
aspects of how a company creates (or diminishes) value over time, primarily to inform
equity and debt investors as well as society in general.
 Mandate
– Not Mandatory, except for South Africa
– Many countries evaluated initiatives as part of overall reporting framework
 What is the purpose?
– IR is An integrated report aims to communicate concisely how an organization creates
value now and in the future by connecting key aspects of what it is currently reporting in
separate channels, such as financial statements, MD&A, governance disclosures and
sustainability reports.

8. © 2013 IBM Corporation
Integrated Reporting Framework – Key Concepts

9. © 2013 IBM Corporation
Integrated Reporting Framework

10. © 2013 IBM Corporation
Environmental, Social and Governance (ESG)
Disclosures in SEC Filings and SASB Standards
 What is SASB?
– SASB Standards recommend specific qualitative and quantitative disclosures about
environmental, social and governance topics (“sustainability topics”) deemed by the
SASB to be material to investors and therefore appropriate for inclusion in an SEC-
registered company’s mandatory SEC filings (i.e., Forms 10-K and 20-F).

11. © 2013 IBM Corporation
What are the industry sectors for which the
SASB is issuing Standards?
The ten sectors are:
– Released 2013–2014
• Healthcare, financials, technology & communications,
• non-renewable resources, transportation, and services
• (covering 45 industries)
 To be released 2015–2016
• Resource transformation, consumption (two sectors),
• renewable resources & alternative energy, and infrastructure
• (covering 35 industries)

12. © 2013 IBM Corporation
How do SASB Standards relate to MD&A
reporting and the CPA Canada MD&A Guidance?
 SASB Standards are expressly designed to encourage companies to provide disclosure
about their material sustainability and governance topics (i.e., in addition to financial and
performance topics) in the MD&A section of their Form 10-K, among other public
disclosures. The very existence
– of SASB Standards is based on the premise that existing SEC regulations for MD&A
reporting can be interpreted as calling for the disclosures recommended in each SASB
Standard, which would be expected by reasonable investor.

13. © 2013 IBM Corporation
Soft close/Management Reporting
 What is soft close reporting
– In between quarterly/year-end filings there are periods that drive management reporting
of results by division/profit center/units.
• The month-end package includes the following
− Income Statement (department/profit center)
− Balance Sheet (consolidated only)
− Key metrics (external and internal)
− Commentary

14. © 2013 IBM Corporation
Data Analysis Demand for Business
 Business are driving the need for information on demand as part of managing their business
cycle, i.e. real time data.
– Demand for more reporting on demand as part of managing trends for companies
– Companies using mobile devices/applications to share information on demand

15. © 2013 IBM Corporation
IBM Business Analytics Value Preposition
 Cognos Disclosure Management
– Reporting tool (one version of the truth)
 Cognos Controller
– Consolidated Financial Reporting tool
 TM1
– Budgeting/Forecasting reporting tool
– OLAP Reporting Tool
– TM1 interoperability between Cognos Controller and Cognos Disclosure Management
 OpenPages
– Risk Analytics Tool
 Algorithmics
– Risk Analytics Tool

16. © 2013 IBM Corporation
IBM Solutions
 http://www-935.ibm.com/services/us/gbs/bus/html/gbs-csco-study.html
 IBM TM - http://www-03.ibm.com/software/products/en/cognostm1
– Budgeting solutions
– Reporting solutions
– Demand Planning
– Supply Chain Management
– Real Time Reporting
• Cognos Disclosure Management - http://www-
03.ibm.com/software/products/en/cognos-disclosure-management
• Cognos BI - http://www-03.ibm.com/software/products/en/category/business-
intelligence