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State of play analysis
The decision to invest in the INTEREST project was preceded by drawing up an overview of the state of play of IR (Integrated Reporting) of companies in Europe and SMEs in particular. This preparatory activity was carried out together with the members of the partnership. The selection of these partners went on the basis of their readiness to participate in this work and also on their track record in the field of Non-Financial Reporting (NFR).
- It appread that large international consortia are currently pursuing in-depth research in the field, for instance:
- IIRC,
- International Integrated Reporting Council,
- and IFAC, International Federation of Accountants.
- We have also realised that the recent and ongoing projects focus on comparative research and on bringing alignment to corporate reporting in the world, among the multiple different and conflicting reporting frameworks.
In order to avoid replication of these consortia our partnership contacted several of them (and invited two of them to be partners) and wish to use their results to achieve our clearly distinguished goals: to develop practical and educational support services for SMEs in Integrated Reporting (IR).