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International Committee Roundtable Advances Discussion on Integrated Reporting

November 29, 2011

The International Integrated Reporting Committee (IIRC) held a roundtable meeting in mid-November to gather perspectives on integrating governance, environmental and social performance information into organizational financial reporting. Participants in the roundtable, including representatives of the AICPA, discussed the business case for integrated reporting and the benefits from the perspective of reporting organizations, investors and other stakeholders. The IIRC was formed in 2010 by The Prince of Wales’ Accounting for Sustainability Project, the Global Reporting Initiative and the International Federation of Accountants. The IIRC is conducting a pilot program for organizations who wish to try out the integrated reporting framework. Interested organizations are invited to apply. A copy of the IIRC discussion paper, “Towards Integrated Reporting: Communicating Value in the 21st Century,” is available online. The comment period will be open through Wednesday, Dec. 14, 2011.