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ReportingNZ – CPA Congress 2016
Panel discussion: Integrated reporting:
Changing the corporate mind-set from
one of compliance to it becoming a
business imperative.
Warren Allen, 18 October 2016
Setting the Scene - what is happening Globally
• Users of corporate reports lead this revolution
• Not a regulatory requirement - this is unusual
• Financial information alone -
• nor indicates value or sustainability
• Research is starting to indicate advantages
• Increased investor interest – they understand your business better
• Lower cost of capital – really important in NZ
• It is not all about reporting !
• Integrated thinking Integrated reporting <IR>
• Opportunity to “tell your story”
• Not constrained by standards;
• Sufficient flexibility to meet your unique needs.
Setting the Scene - what is happening Globally cont’d
• Several frameworks
• <IR> brings them all together;
• Others are valid; and
• Select what best suits your business.
• Some key factors of the global success stories:-
• Seen as a business imperative, not a compliance process;
• Increased investor interest in their business, lower cost of capital;
• Witnessed business process improvements and efficiencies;
• Key sponsors within C-suite or Board; and
• This is definitely not dismissed as a passing “fad” !
• NZ is behind international trends
• Also unusual, as we are generally fast followers
• Essential you get aboard, become an advocate of change !!

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Warren Allen – CPA Congress 2016

  • 1. ReportingNZ – CPA Congress 2016 Panel discussion: Integrated reporting: Changing the corporate mind-set from one of compliance to it becoming a business imperative. Warren Allen, 18 October 2016
  • 2. Setting the Scene - what is happening Globally • Users of corporate reports lead this revolution • Not a regulatory requirement - this is unusual • Financial information alone - • nor indicates value or sustainability • Research is starting to indicate advantages • Increased investor interest – they understand your business better • Lower cost of capital – really important in NZ • It is not all about reporting ! • Integrated thinking Integrated reporting <IR> • Opportunity to “tell your story” • Not constrained by standards; • Sufficient flexibility to meet your unique needs.
  • 3. Setting the Scene - what is happening Globally cont’d • Several frameworks • <IR> brings them all together; • Others are valid; and • Select what best suits your business. • Some key factors of the global success stories:- • Seen as a business imperative, not a compliance process; • Increased investor interest in their business, lower cost of capital; • Witnessed business process improvements and efficiencies; • Key sponsors within C-suite or Board; and • This is definitely not dismissed as a passing “fad” ! • NZ is behind international trends • Also unusual, as we are generally fast followers • Essential you get aboard, become an advocate of change !!