Integrated Reporting and the International Integrated Reporting Framework

Integrated reporting is a concise form of communication that underlines a company's performance and strategy to create value in the short, medium, and long term. The international integrated reporting framework is the standard framework used to prepare this report. It is a tool that accelerates the adoption process of integrated reporting. The corporate world is the biggest beneficiary of this framework as it helps in developing trust and inspiring confidence. Integrated reporting and the international integrated reporting framework are indispensable parts of each other. The former is a process adopted by corporate organizations, while the latter standardizes and enhances it. Adopting the international integrated reporting framework is crucial for creating a financially capable and economically sustainable world.

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.