To build trust, raise capital and drive sustainable growth today, some companies are starting to think more holistically about their strategies, activities, values and behaviours.
This more integrated thinking will help organisations communicate better with their stakeholders, provide a better picture of the organisation's worth and improve risk awareness as well as risk management. And to achieve this, companies need to look beyond the current reporting model that’s rooted in past financial performance to give stakeholders a clearer, more forward-looking perspective on the business.
Check out this video to learn more about the growing awareness of integrated reporting among companies in Malaysia through the eyes of PwC Malaysia’s Managing Partner Sridharan Nair and Assurance Leader Pauline Ho.
The International Integrated Reporting Council’s (IIRC) Integrated Reporting Framework is a positive step that provides an opportunity for companies to start to assess and address connectivity across their business and to communicate more relevant information more clearly, without spin. Designed around six capitals, it focuses on getting companies to describe their value creation in the short, medium and long term. The framework allows companies to assess where they stand today, and what improvements they need to make going forward – a catalyst for integrated thinking and integrated internal and external reporting.
Challenges and questions remain. The Integrated Reporting Framework is a useful starting point, but companies also need to generate relevant and reliable information in the first place, and have an objective way of measuring their progress towards more integrated reporting.
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The state of Integrated Reporting in Malaysia
A benchmarking study by PwC Malaysia on the top 30 companies listed on Bursa Malaysia against the International Integrated Reporting Council (IIRC)’s Integrated Reporting Framework. Explore now
Integrated reporting: What’s driving it and what are the benefits?
A passing fad or the future of business? Watch a series of interviews with Paul Druckman (CEO of the IIRC), Superna Khosla (Relationships Director of the IIRC) and Jessica Fries (Integrated Reporting Leader at PwC) to find out. Watch now
Integrated reporting: How do you build trust and create long term value?
Whether your company is looking to achieve better alignment around strategic goals, focus on performance gaps and opportunities, or encourage collaboration across key internal functions in the organisation, this 10Minutes explores how developing a path to greater transparency through integrated reporting may be worth discovering. Read now
Integrated reporting gives better picture of company’s worth
Our Managing Partner Sridharan Nair shares how integrated reporting helps communicate true value to shareholders in an exclusive interview with The Edge Financial Daily. Read now