An integrated report sets out an organisation’s strategy, governance, performance and prospects, which lead to the creation of value. In 2013, the International Integrated Reporting Council (IIRC) released a framework for integrated reporting. The framework establishes principles and concepts that govern the overall content of an integrated report.
This podcast explains that effective corporate governance has both internal and external drivers. It briefly introduces agency theory and the agency problem,
then compares ‘rules’ versus ‘principles’ based codes and the implementation of governance within organisations. The important links between corporate governance and corporate culture and values are also highlighted.
When answering an exam question, it is important to consider the question requirements carefully to make sure you understand exactly what is being asked.
In this podcast we look at the common question verbs used in exams. First we take each question requirement and then look at its actual meaning.
This podcast is useful to those candidates studying for P2, Corporate Reporting. It is structured in two parts: first, it considers what might be included as the capital of a company and, second, why this distinction is important for the analysis of financial information.