This virtual workshop allowed participants to gain further insights into Integrated Reporting , learn about the important advocacy role that the global accountancy profession has while supporting theimplementation process, and learn about available tools, resources and examples to help adoption.
Presentations were made by Stathis Gould, Deputy Director of the International Federation of Accountants (IFAC), Laura Leka, IFAC Technical Manager, Loshni Naidoo, Integrated Reporting Project Director at the South African Institute of Chartered Accountants (SAICA) and Matteo Pozzoli Member of IFAC’s Small and Medium Practices (SMP) Committee.
Integrated Reporting is being referred to as an evolution of corporate reporting and as a tool that organizations can use to present a holistic (integrated) approach when communicating how value is created when utilizing the available organizational resources. The evolution is driven by the need of various information users to overcome the present information gap which financial reporting alone cannot satisfy. For example, there is a need for a greater focus on aspects such as risks, the use of technology, environmental impacts and future developments when communicating organizational information that would guide providers of capital towards better informed and sustainable long-term investment decisions. Large corporate entities from the private sector are leading the agenda, however more recently as these concepts grow in importance and acceptance, public sector entities and even small- and medium-sized entities (SMEs) are exploring how they can implement as part of their communication strategies.
Participants were able to connect remotely from Belgrade, Bucharest, Chisinau, Kiev, Philippines, Podgorica, Pristina, Sarajevo, Skopje, Sofia, Tbilisi, Tirana, and Vienna and Yerevan.
Please visit the Audit Training of Trainers page for more information about its activities.
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