The Association of Chartered Certified
Accountants (ACCA) has called for the International Integrated
Reporting Committee (IIRC) to engage more closely with investors in
its push towards an integrated reporting framework.

In the ACCA’s response to the IIRC’s
discussion paper, Towards Integrated Reporting: Communicating
Value in the 21st Century
, it said while it does support
integrate reporting (IR) there needs to be more clarity and more
emphasis on the need to incorporate sustainability concerns into
planning and reporting models. 

“We and many others in the profession and
business community believe that the IR project can make a material
contribution to the shaping of this wider conception of reporting,”
ACCA head of financial reporting Richard Martin said.

“If it is to fulfil its potential, though,
IIRC needs to undertake an active engagement with the investor
community to ensure that integrated reports disclose the range and
depth of information that will materially improve investors’
ability to make their decisions about individual companies,” Martin