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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › March june 2019 smartwear 5a
The question asks about integrated thinking and its benefits is it similar to the concept of integrated reporting ? If no please explain integrated thinking and its benefits also
Integrating reporting shows how a company doesn’t just look at finance. For example, it considers the six capitals. You can’t have integrated reporting unless you have integrated thinking and that this is put into effect. If a company reports on the six capitals it must have thought about them and thought about the links between financial performance and the wider social, environmental and economic context etc.