Essay writing. I have attached the pic of the question which explains everything.

IR
Integrated Reporting
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Contents
Introduction    2
Integrated Reporting    2
References    9
Introduction
Strict communication that relates to strategy, governance, as well as performance in an external context leads to short, medium as well as long term values creation, known as comprehensive reporting. The integrated international reporting framework has accelerated the adoption of IR. Apply principles and concepts in a comprehensive report to improve the competence of reporting process and avoid duplication. To achieve capital allocation, quality of data or information has improved and financial capital providers can use it.
Integrated Reporting
The IR provides information or data that will simply present in summarized way that shows the interdependence of the information about organizational strategy, business models, and organizational operational environments. Additionally, IR is more defined (historical performance) by referring to the standard economic and financial indicators and ultimately as some kind of information, allowing users to easily understand stress (including risk) and achieve the performance measurement moreover business sustainability within a short, medium plus long term.
Additionally, the investor community and all other stakeholders (for example NGOs, consumers, suppliers and the new employees) are increasingly demanding attention to the financial, social, along with environmental impacts of the organization. According to PwC's research, current reporting patterns are not able to meet these needs. While in many countries, companies require companies to include significant non-financial data or information in the reports, such information is mostly unavailable and also there is a clear link and connection between the economic drivers, common plus environmental impacts and financial information.
In the coming future, the company's success will always depend on the capability to create more value, without forgetting any source, whether natural, social, financial or human. All together, more and more actors will seek information on how companies can link overall business strategies and techniques to financial as well as non-financial business performance. Hence, IR companies will gain more information and transparency from a wider range of external and internal information sources all through the integrated processes plus information standards and will be able to streamline reporting, reporting transparency and cooperation through greater use of reporting elements and analytical concepts which is used by external and internal analysts. In addition, management and business stakeholders can receive more and more comprehensible information to easily make good decisions and improved distribute capital and resources. Also it helps the best companies to access the capital markets moreover to the business partners (STEYN, 2013). Lastly, it increases its competitive advantage by saving costs, improving operational competence and differentiation. Overall, IR gives companies a very clear picture of their overall industry, the market and the wider environment, and how to easily change products or services, positioning, and business frameworks to stay steady. Integrated reporting and full reporting is a new method for business reporting (Kenny Fernando, 2017). It also enhances business thinking and business stories are reported consistently. History clearly describes how each resource participates in creating a value, because success of a company will simply depend on creating the value and effective use of any kind of resources such as...