The widely anticipated International Integrated Reporting Committee (IIRC) has now been formed. The strange thing is that both the steering committee and working group seem to have no XBRL representation and virtually zero software company representation – only Microsoft – and they have only been in the business accounting and management reporting business for a decade.
Obviously execution is not the current concern of this august body. But it’s a shame there is no representation from sustainability reporting vendors who are working on delivering integrated reporting today or those who have been delivering integrated reporting for years. And where is SAP – whose systems probably control a major slice of the global 1000 companies’ business accounting and management reporting?
It’s either a conundrum or a panjandrum…
Tags: IIRC
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