Pinnacle vs Nedbank: A Comparative Analysis of Financial and Sustainability Reporting

CONTEMPORARY ACCOUNTING

Pinnacle vs Nedbank
Executive Summary
In the present scenario, sustainability and integrated reporting is the need of the hour as it
highlights the performance of the company in terms of different parameters. The review is done
with the aid of two different companies that are based in Australia and South Africa. The report
initiates with the introduction followed by the review of literature in terms of a conceptual
framework for financial reporting. The conceptual framework of both the company is adequately
discussed and how it is used by the company. Further, the second part deals in Integrated
reporting where a holistic view is CSR is provided. The report is based on Australian company
that is Pinnacle Investment and Nedbank Group Ltd that is a South African company.
Furthermore, the index of an integrated report is prepared and the pattern of disclosure of the SA
company. The overall analysis indicates that the companies provide adequate disclosure and
provides relevant disclosures when it comes to CSR.
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Pinnacle vs Nedbank
Contents
Introduction......................................................................................................................................3
Part – A Conceptual framework......................................................................................................4
Part – B integrated reporting............................................................................................................9
Conclusion.....................................................................................................................................13
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Pinnacle vs Nedbank
Introduction
Corporate external reporting practices are the need of the hour as it emphasizes on the conceptual
framework of the company together with the performance of the company. A sound corporate
financial reporting practice is the need of the hour as it the pillar of a strong financial system and
the process with which financial and non-financial information can be communicated (Kruger,
2015). The report emphasizes the conceptual framework of two major companies in Australia
and South Africa and the same is contrasted. The annual report of both the companies is
downloaded and studied in terms of revenue recognition, measurement bases, and other
qualitative features. While the second part of the report deals in sustainability reporting where
the GRI standard of Medibank and Capitec Bank Holdings Ltd is studied in terms of
sustainability.
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