INTEGRATED REPORTING AND CURRENT APPROACHES IN AUDITING INTEGRATED REPORTS

Abstract

Integrated reporting is a type of corporate reporting that brings together financial and non-financial information of the enterprise and presents the relationship between financial and sustainability activities and its value-creating elements to stakeholders. In this study, the comparison of integrated reporting with other reporting types has been made, and the relevant institutions, standardization efforts, legal status and assurance services are discussed. 2019 annual integrated reports of Türkiye Garanti Bankası A.Ş. (Garanti BBVA) and Çimsa Çimento Sanayi ve Ticaret A.Ş. (Çimsa) are reviewed and audit approaches in Turkey are analyzed. The assurance services in Turkey were compared with practices in other countries. As a result of this study, it is seen that since integrated reporting did not complete its standardization, difficulties are encountered in implementation, comparability is difficult and the reports are found too complex. It is determined that the reliability of integrated reports can be ensured by auditing, but generally limited auditing is carried out. The importance of this study is that it draws attention to the issue of auditing of integrated reports. Integrated reporting is a new concept in the world. Current research and current studies on the assurance services of integrated reports are discussed.