Africa

Details

  • Type: Press release
  • Date: 4/22/2013

The release of the IIRC Consultation Draft 

IR could be the key that enables capital markets to focus on long term value

KPMG has welcomed the release of the International Integrated Reporting Council’s (IIRC) Consultation Draft of the International Integrated Reporting Framework as an important step on the journey towards better business reporting that could ultimately address the gap between reporting content and business value.

 

According to KPMG, Integrated Reporting provides an opportunity for companies to make their case for capital more effectively by focussing their reporting on their business story and value creation.

 

KPMG anticipates that the final version of the Framework will address any risk of misinterpretation to ensure reports stay focussed on helping readers understand how the earnings potential of the business has been developed and protected.

 

Read the full summary.

 

 

Contact

Contact
Mark Hoffman
Advisory
Tel: +27 (0)11 647 7091
mark.hoffman@kpmg.co.za