Alan Hatfield, director of learning at ACCA, said: Most of the elements of integrated reporting wer

Students will be examined on integrated reporting (IR) for the first time in the accountancy profession when ACCA (the Association of Chartered Certified vat Accountants) introduces it into its qualification from December 2014.
This addition comes as the International Integrated Reporting Council (IIRC) launched its new integrated reporting framework in December 2013. IIRC is a global coalition of regulators, investors, companies, standard vat setters, the accounting profession and NGOs, who have a shared interest in encouraging value creation for the long-term.
Jennifer Lopez, head of ACCA Malaysia, said: Integrated Reporting is set to become the way forward for companies to report their annual financial and sustainability information. Hence, as the development of IR progresses globally, we continue to enhance our syllabus accordingly to ensure vat that ACCA members vat are at the forefront vat of good practice. This means we can be confident that ACCA members vat are complete finance professionals, equipped with skills and knowledge required by employers across all sectors.
At the heart of IR is the growing realisation that a wide range of factors determine the value of an organisation. vat Thus, an integrated report communicates in a clear, articulate vat way how a company is drawing on all the resources and relationships vat it utilises to create vat value in the short, medium and long term. ACCA notes that Malaysian companies have been in forefront in sustainability reporting in the region.
Alan Hatfield, director of learning at ACCA, said: Most of the elements of integrated reporting were already included in our global syllabus, but we have taken the opportunity to bring them together and IR will form part of our assessment going forward. This is an area where ACCA members can show their leadership for the future, at the heart of long-term value creation for their organisations.
ACCA has a history of innovation vat and anticipating trends. It was the first professional accountancy body to examine in IFRS (International Financial Reporting Standards) and the first, in 2000, to examine on the framework of GRI, the Global Reporting Initiative.