Financial institutions have experienced a significant increase in reporting requirements and ever-increasing regulation since the 2008 financial crisis. The consequent abundance of reporting requirements has proven to be a major obstacle for banks and supervisory authorities. The resulting issues include dealing with redundancy, a lack of harmonization, and ensuring data of a high enough quality. An integrated reporting framework helps to standardize, harmonize, and integrate as far as possible existing central bank frameworks and reporting domains which leads to enhanced risk assessment and higher transparency.

This training on integrated reporting course is aimed to help participants understand the concepts and the benefits which Integrated Reporting can bring to their institution. It outlines what is required to develop and implement successful Integrated Reporting and takes the participants through how to go about it.

Target Participants

Training on Integrated Reporting is targeted at accounting, finance and HR professionals at all levels of your organization who want to learn more about the integrated reporting framework, the benefits it offers and how to implement it.

Course Duration

Online                            7 Days

Classroom-based         5 Days

What you will learn

By the end of this course the participants will be able to:

• Understand the benefits of integrated reporting.
• Apply fundamental integrated reporting concepts to their organization.
• Manage information for integrated reporting.
• Implement an integrated reporting approach.
• Prepare a credible integrated report.

Course Outline

An introduction to Integrated Reporting

• What is integrated reporting?
• Integrated thinking
• International Integrated Reporting Framework (IIRF)
• Benefits of following the IIRF
• The value creation process
• The six capitals
• Harmonization of integrated reports

The Guiding Principles of Integrated Reporting

• Introduction to the seven guiding principles of integrated reporting
• Strategic focus and future orientation
• Connectivity of information
• Stakeholder relationships
• Materiality
• Conciseness
• Reliability and completeness
• Consistency and comparability

The Content Elements of Integrated Reporting

• What are the content elements of an integrated report?
• Organizational overview and external environment
• Governance
• Business model
• Risks and opportunities
• Strategy and resource allocation
• Performance
• Outlook
• Basis of presentation

Implementing Integrated Reporting

• The stages of planning to implement integrated reporting.
• How can an organization embed integrated thinking?
• The processes and systems required to implement integrated reporting.
• Managing information for integrated reporting
• How can an organization enhance the credibility of an integrated report?
• The challenges of implementing a credible integrated report

Banks’ Integrated Reporting Dictionary (BIRD)

• What is BIRD?
• Benefits of BIRD
• How banks can use the BIRD
• How do banks benefit from the BIRD?
• Which frameworks does the BIRD aim to cover?

Training Approach

Training on integrated reporting course is delivered by our seasoned trainers who have vast experience as expert professionals. The course is taught through a mix of practical activities, theory, group works and case studies. Training manuals and additional reference materials are provided to the participants.

Certification

Upon successful completion of this Training on Integrated Reporting Course, participants will be issued a certificate.

Tailor-Made Course

We can also do this as a tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations and tailor-made needs.