• Register
Return to: Home > News > Standards > Expert group to align Integrated Reporting with coexisting frameworks

Expert group to align Integrated Reporting with coexisting frameworks

The International Integrated Reporting Council (IIRC) has launched today the Corporate Reporting Dialogue (CRD) bringing together international organisations from the corporate reporting world in an effort to align Integrated Reporting (<IR>) with their reporting frameworks.

The CRD was launched at the International Corporate Governance Network (ICGN) annual conference in Amsterdam and will be chaired by Transparency International chair Huguette Labelle.

The IIRC said in a statement: "The CRD aims to promote greater coherence, consistency and comparability between corporate reporting frameworks, standards and related requirements, leading to improved efficiency and effectiveness."

The initial objective of the CRD will be to develop a corporate reporting landscape highlighting the various reporting frameworks and standards and their relevance to <IR>.

IIRC chief executive Paul Druckman said the purpose of the CRD is to strengthen cooperation, coordination and alignment between key organisations under the IIRC umbrella.

The participants to the CRD are:

  • the CDP (formerly known as the Carbon Disclosure Project);
  • the Climate Disclosure Standards Board, the Financial Accounting Standards Board;
  • the Global Reporting Initiative;
  • the International Accounting Standards Board;
  • the International Public Sector Accounting Standards Board;
  • the International Organization for Standardization; and
  • the Sustainability Accounting Standards Board.

The launch of the CRD comes a few months after the IIRC released its long-awaited <IR> framework, following an intense consultation period in which more than 350 stakeholders' responses were received globally.

Related article

Integrated reporting: the journey ahead

Related links:

IIRC

Transparency International

 

 

Top Content

    Addressing tax challenges and the digitisation of the economy

    As the economy becomes even more globalised through digital sources, the tax systems currently in place need to be scrutinised to examine whether they are still fit for current and emerging business models. Joe Pickard reports on the OECD’s approach to this issue.

    read more

    Primary financial statements: a game changer in reporting?

    International Accounting Standards Board chair Hans Hoogervorst delivered a speech at the Seminario International sobre NIIF y NIF, organised by the Consejo Mexicano de Normas de Información Financiera in Mexico. The Accountant presents the highlights.

    read more

    FASB readies standards for the netflix generation

    The US Financial Accounting Standards Board (FASB) has updated its accounting standard for entertainment, with a specific eye on keeping up to date with how episodic content, such as television programmes, is consumed in the modern world. Jonathan Minter reports.

    read more

    Brexit: why it takes two to tango

    Former TA editor Vincent Huck, now editor of Insurance Asset Risk, looks at why Brexit might unleash geopolitical intrigue in Europe’s accounting standard-setting scene – and why IFRS 17 will be an incredible source of opportunity for firms in the coming years.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.