Integrated Reporting Assignment Sample Singapore

Every organization assesses and formulates certain reports of its financial, social environmental, and other reports that turn to be more complex to understand and store. All such complex and bulky reports made the working mechanism tough and long paginated reports create hardship to the stakeholders, as well the directors of the business.

Recently, due to all such reasons, there have been combining reports that disclosed some relevant information of the business and such report is in the form of the integrated report.

The term integrated before the report used to create the combined report that discloses social, environmental as well as financial information in one single format. This makes the combination of the information of business easier and convenient for the stakeholders.

This form of formulating an integrated report is accountable to save time as well as money for the organization and governance. The course involves the meaning of integrated reporting in-depth and what we feature and characteristics of the report that makes it simple, clear, and concise.

The course also explains how to formulate the long standalone report clearly that deliver fruitful result to the business. For the organization, it is important to disclose not only its financial information but certain other information and this report made it possible for the companies to do so.

The course provides extensive information about integrated reporting; it’s functioning, assessment, evaluation, and development.

Assignment Solution of Integrated Reporting

At the end of the course, the learners will be able to formulate the integrated report with the help of the following learning outcomes:-

1.Explain the necessity to introduce integrated reporting and the meaning of the expression.

It becomes not only tough but rigorous to store all the reports of the company within the hard form or in software. The employees, employer, stakeholders, and directors can’t manage all such reports for a longer period intact and due to which work screwed up.

This is the reason the experts in the industry introduce the concept of integrated reporting that found wide acceptance by the enterprises in their functioning.

As the combined report has its advantages as well disadvantages but keeping in mind the purpose of integrated reporting, it proves to be fruitful for the business to maintain, retain and store. The tough task in the case of integrated reporting is to formulate it systematically and then only every information of the business can be retained in one single report.

2.Explain the purpose of developing an integrated report that helps in the functioning of any organization.

The course explains to the students about the keynote that needs to be taken into consideration in the combined report. The report makes the functioning of any organization effective and quickly but in the case of its successful implementation.

Integrated reporting in it’s a lengthy and bulky term that needs to be construed in a broad aspect. It often seems tedious and dull to compose the report in combined format and that too a time taking process but once it is composed, it furnished long-term advantages to the company.

The course enables the learners to compose the report in a simple, clear, and concise form.

3.How integrated reporting help in providing quality information to the users of financial statements.

The core objective of cultivating integrated reports is to furnish information and data to the operators with the help of which they can comprehend the fundamentals of the organization.

Such operators can be anyone that is directly or indirectly interested in the functioning of the organization such as employees, stakeholders, governmental as well as non-governmental organizations, creditors, investors, directors, etc.

Indeed, the organization must equip quality information to all such entities regarding the financial position of the business. As higher the financial position of the company is transparent higher the investment will be.

4.Integrated reporting enhances accountability, manageability, and helpful in decision making. Critically analyze the statement.

The key purpose of the organization to create an integrated reporting is to assemble the information in the best possible manner. Such reports stimulate accountability and answerability to its users.

The course thoroughly explains the purpose of integrated reporting as to how it confers accountability to the users and how to develop a self-explanatory report that elucidates all the doubts of the users.

The advantage of such a self-explanatory report comes in usage for comparing, reviewing, and analyzing the financial position of the company and provides material data to the financial analyst.

The course describes the methods of comparing and extracts comparative data from other organizations in the industry.

The course integrated reporting proves to be productive in the case of acquisition and merger, where two companies merge and require combined data of the business to assess and evaluate. The course also explains the role of the integrated reports in the case where the merger of two companies was conducted.

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