Guidance – Integrated Reporting SA

Preparing an Integrated Report – A Starter’s Guide (Updated)

IRC of SA — Sat, 16 Jan 2021 11:04:50 +0000

The IRC has updated the Starter’s Guide initially published in 2014, to provide organisations with practical suggestions on preparing an integrated report. It is aligned with the King IV Report on Corporate Governance for South Africa, 2016 (King IV^TM) and presents updated examples five years after publication of the International Framework.

You can download the updated IRC Starter’s Guide here

Materiality in Integrated Reporting

IRC of SA — Wed, 02 Sep 2020 14:19:46 +0000

In March 2014, the IRC endorsed the International Framework, released by the International Integrated Reporting Council (IIRC) in December 2013, as guidance on good practice on how to prepare an integrated report.

The IIRC has also released a guidance paper, Materiality in Integrated Reporting. The paper looks at how to prepare content, establish parameters for the materiality determination process, how to embed the process into management and the extent to which integrated thinking underpins materiality.

Download Materiality in here

International Framework

IRC of SA — Wed, 04 Jan 2017 14:04:40 +0000

The Framework

The International Framework offers guiding principles for the preparation and presentation of an integrated report, as well as content elements of information that should be included. The Framework sets out 18 requirements that must be met in an integrated report that is in accordance with the Framework.

Download the International IR Framework here

Information papers

Since 2014, and following the finalisation of the International Framework, the IRC has released technical Information Papers and FAQs aimed at assisting the preparers and users of integrated reports in applying and understanding the International Framework (see the list below). The Information Papers and FAQs are developed by the Working Group after research and analysis of South African integrated reports, and contain excerpts from reports as examples of format and connectivity.

See the IRC’s Information papers and FAQ’s here

King IV Report on Corporate Governance

IRC of SA — Mon, 02 Jan 2017 14:32:21 +0000

South African organisations should refer to the principles and recommended practices of the King IV Report on Corporate Governance for South Africa 2016 (King IV) released in November 2016 by the Institute of Directors in Southern Africa (IoDSA).

The effective date of King IV is 1 April 2017.

The Report highlights the importance of integrated thinking, integrated reporting and value creation and uses the definitions contained in the International Framework.

You can access the online versions here:

King IV
The five sector supplements

The Code for Responsible Investing in South Africa

IRC of SA — Sun, 01 Jan 2017 14:50:46 +0000

South African institutional investors, and their service providers, should also be aware of CRISA, the Code for Responsible Investing in South Africa released by the IoDSA on 19 July 2011.

The Code’s Principle 1, Recommended Practice 1 b, states that investors should assess the quality of a company’s integrated reporting and if integrated reporting is not applied then due enquiry should be made on the reasons.

Download the Code_for_Responsible_Investing_in_South_Africa