This report provides a comprehensive analysis of Integrated Reporting (IR) in corporate accounting. It begins by defining IR and its role in value creation, emphasizing its adoption by global companies. The report delves into the benefits of IR, including improved internal management processes, enhanced stakeholder trust, better risk management, and improved transparency. It then discusses the limitations of IR, such as its potential focus on investor value over societal value, lack of clear reporting standards, and complexity. The report concludes by highlighting the importance of IR as a tool for organizations, while also acknowledging the challenges of implementation and suggesting solutions such as developing clear guidelines and improving transparency. The report also makes reference to the IIRC (International Integrated Reporting Committee) and its role in the development of IR frameworks.