Towards Enhanced Corporate Disclosure: Integrated Reporting and the Ifrs Foundation's Strategic Role – A Study with a Proposed Framework

Abstract

In view of the IFRS Foundation's efforts to improve disclosure and transparency, this study investigates the future course of corporate reporting. It critically evaluates integrated reporting as a cutting-edge framework that fits stakeholders' changing needs, especially with regard to governance, risk management, and sustainable value creation. The research highlights the theoretical foundations and practical justifications for adopting integrated reporting, emphasizing its role in addressing the limitations of traditional financial reports. Drawing on international standards and best practices, the study proposes a structured, comprehensive model for integrated reporting that incorporates key disclosures—including sustainability indicators, risk and opportunity analysis, and resource and relationship reporting—within a unified management commentary. The model aims to support decision usefulness, comparability, and relevance across various sectors. The findings underscore the importance of governance oversight and assurance mechanisms, proposing that such a framework could serve as a foundation for regulatory development and academic dialogue. The study concludes with policy-oriented recommendations to support broader adoption and implementation of integrated reporting.