Analyzing Integrated Reporting with the International Framework

This essay provides a concise overview of integrated reporting, defining it as a method of communication designed to highlight a company's performance, strategy, and business model to foster value creation. It emphasizes the importance of the International Integrated Reporting Framework as a tool for standardizing and accelerating the adoption of integrated reporting practices. The corporate world benefits significantly from this framework, as it builds trust and inspires confidence both internally and externally. Integrated reporting and the framework are interdependent, with the former being a practice and the latter a standard. The essay concludes that adopting the international integrated reporting framework is crucial for organizations to contribute to a financially capable and economically sustainable global environment.

Integrated Reporting
A concise and as to-the-point as possible form of communication which is
specified and made for underlining the performance or a company's strategy and
business model in the real time world so as to lead the prospects on and enable
the creation of value within the business be it over short, medium or long term.

International Integrated
Reporting Framework
• The standard framework in accordance with which this
integrated report should be prepared can be defined as the
international integrated reporting framework . It can also be
termed as a tool used to accelerate the adoption process of
this integrated report.

Benefits in corporate world
• The corporate world which comprises of the business firms of
the world can be said to be the biggest beneficiaries of the
international integrated reporting framework . When it comes
to developing trust and inspiring confidence within or without
the corporation, integrated reporting is the most reliable tool.

Relationship between ‘Both’
• Integrated reporting and the international integrated reporting
framework are indispensible parts of each other. While the
former is a process or a technique adopted by the corporate
organizations in order to achieve a large number of benefits,
the letter is a format standardising the former and enhancing
it manifold.

Conclusion
• For the creation of a financially capable and economically
sustainable world, the role of private or public subsidiaries is
versatile. Their working is synchronization and having trust in
one another is of extreme import. The same stands as the
biggest reason behind the fact that all the organizations must
adopt the international integrated reporting framework.