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September 12, 2011

Integrated reporting can help with capital: KPMG

Integrated reporting could help businesses attain capital at a reasonable cost, KPMG said.

KPMG suggested that integrated reporting provides better communication between companies and their capital providers by focusing business reporting on strategy and value creation.

“Providing strategic and forward looking information about the performance and prospects of the company is a powerful way to convince the capital markets of the worthiness of investing in a company,” KPMG UK audit partner David Matthews said.

KPMG’s view comes in response to a consultation on integrated reporting launched by the International Integrated Reporting Committee’s (IIRC), a body of which Matthews is a member.

 

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