The International Integrated Reporting Council (IIRC) is a global coalition of regulators, investors, companies, standard setters, the accounting profession and NGOs. Together, this coalition shares the view that communication about value creation should be the next step in the evolution of corporate reporting.
The IIRC is the global authority on <IR>. Its mission is clear: to enable Integrated Reporting to be embedded into mainstream business practice in the public and private sectors.
Our long-term vision is a world in which integrated thinking is embedded within mainstream business practice in the public and private sectors, facilitated by <IR> as the corporate reporting norm. The cycle of integrated thinking and reporting, resulting in efficient and productive capital allocation, will act as forces for financial stability and sustainability.
“Chinese accountancy profession and CICPA have actively supported and participated in the development of the International Integrated Reporting Framework, and have been trying to make our efforts in promoting corporate report reform and the achievements to global counterparts for interactions. I firmly believe that with China’s active participation, the concepts of Integrated Reporting and its good practice will provide useful reference to us and promote further reform of Chinese corporate reports.”
Mr. Li Yong, Vice Minister of the Ministry of Finance, P.R. China, President of CICPA