An accounting innovation worth commenting on
The International Integrated Reporting Council (IIRC) see http://www.theiirc.org are calling for commentary on a recently released consultation draft paper on Integrated Reporting by the 15th July 2013 – not much time left, but there is still time to comment. There are many interesting innovations in the draft paper, and one that I find interesting and valuable is around the business model. At the heart of an organization is its chosen business model. Current business model reporting is inconsistent, both in terms of uptake and scope. Uptake appears to be influenced by the presence of regional legislation, corporate governance codes and …
