Open AccessIntegrated Reporting & Sustainability: A Note on Perceptions of the Accounting Profession
Author(s) -
Carol Tilt,
Maria Xydias-Lobo,
Giao Reynolds
Publication year - 2018
Publication title -
management accounting frontiers
Language(s) - English
Resource type - Journals
eISSN - 2209-0398
pISSN - 2209-038X
DOI - 10.52153/prj1112001
Subject(s) - integrated reporting , interview , perception , accounting , sustainability , interpretation (philosophy) , sustainability reporting , business , capital (architecture) , capital market , public relations , political science , psychology , finance , corporate social responsibility , geography , ecology , archaeology , neuroscience , computer science , law , biology , programming language
This study provides a preliminary investigation of perceptions of Integrated Reporting (IR) in Australia, as a developed country and leader in this area, and Hong Kong as an Asian country with an advanced capital market. The study compares the perceptions of IR readiness and acceptance in Australia and in Hong Kong through interviewing accounting professional associations and firms regarding their awareness of, and attitudes towards, IR. In particular, this study considers the perceptions of interviewees about the relationship between IR and Sustainability Reporting. Findings of the study suggest that the profession is taking a narrow, and explicitly financial, interpretation of the IIRC framework and does not consider it to be a replacement for other types of reporting.