Integrated Financial Reporting—Integrated reporting (IR) represents a true paradigm shift in the field of financial reporting. Incorporating aspects of sustainability, corporate governance, and risk management into the financial reporting process differentiates this model from traditional financial reporting. Additionally, the continuous and forward-looking nature of this reporting model makes it stand apart from historical financial reporting, which is historical and focused on information and events that have already occurred.
Corporate Governance—In essence, corporate governance is how organizations interact both internally and with external partners and stakeholders. Specifically, the Board of Directors, which is in ...
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