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 operates.
“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.