Nigeria Integrated Reporting Committee (NIRC)
The Nigeria Integrated Reporting Council (NIRC) is a national coalition of regulators, investors, companies, Financial Reporting Council, the accounting profession and NGOs. The coalition is promoting communication about value creation as the next step in the evolution of corporate reporting.
Mission
The NIRC's mission is to establish integrated reporting and thinking within mainstream business practice as the norm in the public and private sectors in Nigeria Vision
The NIRC's vision is to align capital allocation and corporate behaviour to wider goals of financial stability and sustainable development through the cycle of integrated reporting and thinking in Nigeria
Objective of National Integrated Reporting Committee
Integrated reporting on its own is a concise communication about how an organization's strategy, governance, performance and prospects lead to the creation of value over the short, medium and long term. Its objective is also to change the corporate reporting system so that integrated reporting becomes the global norm. Leveraging on International Integrated Reporting Committee (IIRC) objectives as outlined by International Federation of Accountants (IFAC), The objectives of NIRC are not limited to the following:
|