With the value base of organizations increasing due to intangible assets the reporting framework also needed a revamp. With concepts like carbon trading, corporate social responsibility, human resource accounting gaining importance and finding their way as a part of legislations in India , it does prove that the reporting is not only meant for investors, but is extended to other stakeholders like employees, customers and the society at large.
With the steps taken towards adoption of International Financial Reporting Standards by most nations, the need for a holistic reporting structure has become the need of the hour. In a circular dated 6th Feb 2017 Securities Exchange Board of India (SEBI) has asked the top 500 listed companies in India to adopt integrated reporting. One must say, a remarkable step taken by the Indian regulatory authority for capital markets when the global economy is rapidly changing.
In this paper an attempt has been made to examine and study the current reporting practices and the integrated reporting practices and highlight the differences between the two. While highlighting the same, an attempt has been made towards studying the impact it will have on various stakeholders of the company and ultimately its market price.
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