In this fourth post of our series discussing issues\u00a0for year-end planning consideration, we are suggesting an area where you can start now to begin creating momentum for change.\u00a0In his speech at the annual SEC\/FASB\/PCAOB conference, AICPA Chair Barry Melancon highlighted integrated reporting.\u00a0Sustainability and integrated reporting were also the focus of a disclosure panel at the conference.<\/p>\n
You can find some background about integrated reporting on the AICPA\u2019s webpage<\/a>\u00a0and on the International Integrated Reporting Council\u2019s webpage<\/a>.\u00a0 In addition, this blog post<\/a>\u00a0by Bob Laux at the IIRC, who is also a Director here at SEC Institute, provides a valuable perspective.<\/p>\n The SEC raised the issue of disclosures about ESG matters in its 2016 Regulation S-K Concept Release<\/a>and many companies have begun to make disclosures in the move towards the goal of communicating information\u00a0to present a more complete and transparent picture of performance, utilization of resources, and ability to create value over the long term.\u00a0This 2017 post<\/a>has some real company example disclosures.<\/p>\n Research shows that almost all of the Fortune 500 companies are making some level of sustainability disclosures.\u00a0 A report from the Governance and Accountability Institute<\/a>\u00a0states that 85% of the Fortune 500 companies make a sustainability report.<\/p>\n With all this activity surrounding integrated Reporting our suggestion is to put this topic on your disclosure agenda, and as you work through year-end begin to think of areas where it would be appropriate for your company and your financial statement users to begin providing incremental information.<\/p>\n As always, your thoughts and comments are welcome!<\/p>\n","protected":false},"excerpt":{"rendered":" In this fourth post of our series discussing issues\u00a0for year-end planning consideration, we are suggesting an area where you can start now to begin creating momentum for change.\u00a0In his speech at the annual SEC\/FASB\/PCAOB conference, AICPA Chair Barry Melancon highlighted integrated reporting.\u00a0Sustainability and integrated reporting were also the focus of a disclosure panel at the … Continue reading Preparing for Year-End 2018: Number Four \u2013 Begin Considering Integrated Reporting for Long-Term Development<\/span>