The Association of Chartered Certified
Accountants (ACCA) has issued its first integrated annual report on
the back of its participation in the International Integrated
Reporting Council’s (IIRC) pilot programme.
ACCA president Dean Westcott said the IIRC’s
pilot programme is part of its plans towards developing the world’s
first Integrated Reporting framework and also allows other
organisations to “learn from major companies who are also moving
down this path”.
The integrated report aims to show how ACCA
has created value for its stakeholders and members within the
commercial, social and environment context in which it
“Alongside ACCA’s Corporate and Social
Responsibility statement and our financial accounts […] we are
sharing with our stakeholders fuller and more relevant information
on the progress towards strategic goals,” Westcott said.
The IIRC pilot programme was launched in late
2011 with the aim to run for two years. There are more than 70
other organisations now participating in the programme including
CPA Australia, the Chartered Institute of Management Accountants,
some of the Big Four, food and beverage company Coca-Cola,
Microsoft and car manufacturer Volvo.
IIRC issues draft outline of integrated reporting framework