Open AccessPractical use of the integrated reporting framework – an analysis of the content of integrated reports of selected companies
Author(s) -
Monika Raulinajtys-Grzybek,
Gertruda Krystyna Świderska
Publication year - 2017
Publication title -
zeszyty teoretyczne rachunkowości
Language(s) - English
Resource type - Journals
eISSN - 2391-677X
pISSN - 1641-4381
DOI - 10.5604/01.3001.0010.4997
Subject(s) - integrated reporting , computer science , content analysis , set (abstract data type) , completeness (order theory) , process management , quality (philosophy) , empirical research , presentation (obstetrics) , knowledge management , business , mathematical analysis , philosophy , mathematics , epistemology , sociology , sustainability , biology , programming language , medicine , radiology , ecology , social science
Practical use of the integrated reporting framework – an analysis of the content of integrated reports of selected companiesThe purpose of the article is to provide a research tool for an initial assessment of whether a company’s integrated reports meet the objectives set out in the IIRC Integrated Reporting Framework and its empirical verification. In particular, the research addresses whether the reports meet the goal of improving the quality of information available and covering all factors that influence the organization’s ability to create value. The article uses the theoretical output on the principles of preparing integrated reports and analyzes the content of selected integrated reports. Based on the source analysis, a research tool has been developed for an initial assessment of whether an integrated report fulfills its objectives. It consists of 42 questions that verify the coverage of the defined elements and the implementation of the guiding principles set by the IIRC. For empirical verification of the tool, a comparative analysis was carried out for reports prepared by selected companies operating in the utilities sector. Answering questions from the research tool allows a researcher to formulate conclusions about the implementation of the guiding principles and the completeness of the presentation of the content elements. As a result of the analysis of selected integrated reports, it was stated that various elements of the report are presented with different levels of accuracy in different reports. Reports provide the most complete information on performance and strategy. The information about business model and prospective data is in some cases presented without making a link to other parts of the report – e.g. risks and opportunities, financial data or capitals. The absence of such links limits the ability to claim that an integrated report meets its objectives, since a set of individual reports, each presenting different information areas, is not what an integrated report was meant to be