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”Assess and advise on the impact of investment and financing strategies and decisions on the organisations’ stakeholders, from an integrated reporting and governance perspective”
CAN YOU PLEASE EXPLAIN THIS NEW TOPIC ADDED IN P4, AS I COULDN’T FIND MATERIAL RELATING TO IT ONLINE AND I AM CONFUSED.
Please do not type in capital letters!!!!!
The ACCA has added integrated reporting to the syllabus of all of the P papers.
Although it could certainly be mentioned in the P4 exam, I doubt it would be for many marks – it will be at most a short written section to a question.
I am surprised you could not find anything – if you have a Study Text then it should be in there, otherwise Google should help you.
All it is essentially is that instead of simply providing the standard financial statements at the end of the year (Statement of Financial Position, and Statement of profit or loss), the idea is that more information should be given about (for example) the strategy of the company for the future.
“An integrated report is a concise communication about how an organization’s strategy, governance, performance and prospects lead to the creation of value over the short, medium and long term.”
@ Taurus: You can find a copy of the report issued by PWC on the same topic here: https://www.pwc.com/en_US/us/cfodirect/assets/pdf/point-of-view-integrated-reporting.pdf
Hope it helps.
J
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