Integrated reporting and its impact on financial transparency: A pathway to enhanced corporate accountability

Apooyin, Agboola (2025) Integrated reporting and its impact on financial transparency: A pathway to enhanced corporate accountability. International Journal of Science and Research Archive, 15 (1). pp. 900-913. ISSN 2582-8185

Integrated Reporting (IR) has emerged as a comprehensive framework that enhances financial transparency and corporate accountability by integrating financial and non-financial information. This study explores the impact of IR on financial transparency, emphasizing its role in improving corporate disclosure, stakeholder trust, and long-term value creation. Traditional financial reporting primarily focuses on quantitative financial metrics, often neglecting qualitative factors such as environmental, social, and governance (ESG) considerations. IR bridges this gap by presenting a holistic view of an organization’s performance, thereby fostering greater accountability and informed decision-making. This research employs a mixed-methods approach, combining quantitative analysis of financial disclosures with qualitative insights from corporate reports and stakeholder feedback. Findings indicate that companies adopting IR exhibit improved transparency, enhanced risk assessment, and better stakeholder engagement. The study also highlights the challenges associated with IR adoption, including regulatory complexities, implementation costs, and varying reporting standards across jurisdictions. The study concludes that IR not only enhances financial transparency but also strengthens corporate accountability by aligning corporate disclosures with stakeholder expectations. Policymakers, regulatory bodies, and corporate leaders must collaborate to establish standardized IR frameworks that ensure consistency, comparability, and reliability in financial reporting.