Authors: Tanya Kumari; Theresa Nithila Vincent
Addresses: Department of Commerce, CHRIST (Deemed to be University), Hosur Main Road, Bhavani Nagar, S.G. Palya, Bengaluru, Karnataka 560029, India ' Department of Commerce, CHRIST (Deemed to be University), Hosur Main Road, Bhavani Nagar, S.G. Palya, Bengaluru, Karnataka 560029, India
Abstract: In the contemporary business scenario, integrated reporting is a transformational form of corporate reporting. Integrated reporting provides material and substantial information about an entity's prospects, governance, strategy and actions that serve as a reflection of social and commercial viability within the holistic environment in which it operates (IIRC, 2013). Thus, in integrated reports, along with financial information the critical non-financial aspects that affect the reputation, performance and sustainability of the firm are also required to be reported by companies. While regulations are instituted for compulsory divulgence of non-financial information as part of annual reports, there is a lot of ambiguity regarding the non- financial items to be included and the manner of reporting. This paper delineates the non-financial capital components for disclosure in integrated reports. It also discusses the current practices of integrated reporting world over, which will help organisations gain clarity in presenting the non-financial items under different heads of non-financial capitals.
Keywords: integrated reporting; non-financial capital; International Integrated Reporting Council; IIRC; global reporting initiative.
International Journal of Business Information Systems, 2022 Vol.40 No.1, pp.98 - 116
Received: 21 Jan 2019
Accepted: 28 Sep 2019
Published online: 16 May 2022 *