CPA Australia has been appointed as the latest member of the International Integrated Reporting Council (IIRC).
The IIRC, chaired by Mervyn King, brings together corporates, investors, accounting firms, regulators and other stakeholders from around the world in an effort to create a framework for a more sustainable global economy.
CPA Australia chief executive Alex Malley said the institute’s appointment to the IIRC is a significant milestone for the accounting profession in Australia and indicates its significance on the global stage.
“Accountants perform critical roles within corporations in the allocation of resources – financial, material and intellectual – and are the custodians of information that drives related decisions. Integrated reporting is a part of the evolution of the accountant’s role,” Malley said.