ACCA AAA ^UK Syllabus F. Other Assignments - Purpose and content of an integrated report - Notes ^{1 / 3}

The ‘building blocks’ of an integrated report are:

• Guiding principles

  These underpin the integrated report

  They guide the content of the report and how it is presented

• Content elements

  These are the key categories of information 

  They are a series of questions rather than a prescriptive list

Guiding Principles

1. Are you showing an insight into the future strategy..?

2. Are you showing a holistic picture of the the organisation's ability to create value over time?

   Look at the combination, inter-relatedness and dependencies between the factors that affect this

3. Are you showing the quality of your stakeholder relationships?

4. Are you disclosing information about matters that materially affect your ability to create value over the short, medium and long term?

5. Are you being concise? 

   Not being burdened by less relevant information

6. Are you showing Reliability, completeness, consistency and comparability when showing your own ability to create value.

Content Elements

1. Organisational overview and external environment
    
   What does the organisation do and what are the circumstances under which it operates?

2. Governance

   How does an organisation’s governance structure support its ability to create value in the short, medium and long term?

3. Business model

   What is the organisation’s business model?

4. Risks and opportunities

   What are the specific risk and opportunities that affect the organisation’s ability to create value over the short, medium and long term, and how is the organisation dealing with them?

5. Strategy and resource allocation

   Where does the organisation want to go and how does it intend to get there?

6. Performance

   To what extent has the organisation achieved its strategic objectives for the period and what are its outcomes in terms of effects on the capitals?

7. Outlook

   What challenges and uncertainties is the organisation likely to encounter in pursuing its strategy, and what are the potential implications for its business model and future performance?