Respond to the CFO’s concerns by summarising the following;
• Critically reflect on the purpose of an integrated report and examine the extent to which it fulfils its purpose.
• Critically discuss the benefits and drawbacks of an integrated report
• If a company wanted to introduce it, what areas of the business and the business systems are likely to be affected and give recommendations on how the directors can ensure a smooth implementation of the new report.
• In your recommendation, discuss whether, or not, the company should consider adoption of integrated reporting. You should justify all your recommendations with the support of real-world examples.