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March june 2019 smartwear 5a

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › March june 2019 smartwear 5a

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Ken Garrett.
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  • November 8, 2020 at 10:14 am #594415
    rimshy
    Member
    • Topics: 95
    • Replies: 91
    • ☆☆

    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

    November 8, 2020 at 10:37 am #594423
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10648
    • ☆☆☆☆☆

    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.

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