In recent months, it seems I’m seeing an increasing frequency of references to “sustainability reporting,” “integrated reporting,” “triple bottom line,” and other monikers.  In Edith Orenstein’s FEI Financial Reporting Blog this morning, guest author Tom Hood from the Maryland Association of CPAs includes news of the creation of the International Integrated Reporting Committee.  They’ve got a website and a founding document therein that might be of interest.

I’ve also recently begun reading a book by Robert Eccles (Harvard University) and Michael Krzus (Grant Thornton), titled One Report, which also contributes to this discussion.  You can find copies of this book here, ISBN 978-0-470-58751-5.  The authors make the case that integrated reporting is an essential feature of future corporate reporting, and they highlight examples of organizations that are already providing such reports to their stakeholders.

Where are the boundaries of financial reporting?  In our courses, in public policy debates, in standard setting, in regulation, should corporate/organizational reporting about aspects of organizations’ interactions with stakeholders be a standard part of reporting?  If so, how?  In what form?  Regulated by whom? 

These are all interesting questions.  And as I said, it seems I’m hearing more about them every day.  Where do we academics fit in?  How can we contribute?