An integrated report is defined as:
A)a short synopsis of the annual report distributed to non-shareholders of the company such as banks, vendors, etc.
B)a report shared with potential employees of the company prior to their interview to make them aware of important company information.
C)a concise communication about how an organization's strategy, governance, performance and prospects lead to the creation of value for the company.
D)a one page summary of the company's financial position posted on their investor relations portion of their corporate website.

Question

Quizplus · Accepted Answer

An integrated report is a communication about how an organization's strategy, governance, performance and prospects lead to the creation of value for the company. It is more than just a summary of financial performance and includes non-financial information such as sustainability practices and corporate social responsibility. It is intended to provide a comprehensive understanding of the company's value creation over time. Therefore, option C is the best choice. Options A, B, and D do not accurately describe an integrated report.

An Integrated Report Is Defined As