Research On The Application Of Integrated Reporting From The Perspective Of Sustainable Development

After the outbreak of the financial crisis in 2008,people began to question the current enterprise reporting system.In the era of information explosion,various forms of independent reporting can hardly reveal the overall business and financial situation of enterprises,let alone the risks and opportunities faced by users' enterprises.Enterprises and other organizations are committed to linking the development between enterprises and society,strategic positioning,internal and external governance,fulfilling social responsibility and paying attention to social interests.In 2013,IIRC formally released the International <IR> Framework,which formally defines the integrated report as "a concise document explaining how an organization creates short-,medium-and long-term value in terms of its own strategy,governance,performance and prospects in an external environment".This reporting method mainly integrates financial,environmental,social and governance aspects and establishes a new annual report format to provide users with more integrated information about the impact on the history and future of the enterprise and its performance in a clear,clear,sustainable and comparable way,so as to help them understand and evaluate the sustainability of enterprise performance.Enterprise integration report has become a hot issue in the international accounting field with a cutting-edge and overall situation.At present,the development of enterprise integration report in China is still in the exploratory stage.There is still a lack of research in the field of integration report in China,and there is not much research on the practice of integration report,and there is a lack of sufficient theoretical support and practical research.In this paper,case studies are used to study the basic theory of integrated report from the perspectives of sustainable development theory and stakeholder theory.The basic theory of integrated report is consolidated.The concept,guiding principles and content of integrated report are explained,and the feasibility of integrated report theory is discussed.At the same time,through the case study of China Power Holdings Co.,Ltd.,it introduces the general situation of China Power Holdings Co.,Ltd.and the overall situation of the IR framework,and makes a comparative analysis between China Power Holdings Integration Report and it.It analyses the integration report of China Power Holdings Co.,Ltd.from three aspects of guiding principles and framework content.Evaluate the overall effectiveness,advantages and disadvantages of the integrated report.At the same time,it elaborates the unfavorable factors in the compilation process of China Electric Power Integration Report,and provides some practical experience for Chinese enterprises to implement the Integration Report.Based on the case study of China Electric Power Holdings,this paper draws the successful experience of the application of integrated report in the world,and on this basis roughly constructs the framework of integrated report in China.This is also the innovation of this paper.However,considering the limited capacity of the author,there are still some loopholes in the framework and the recommendations for the implementation of integrated report,and there is still need for continuous improvement thereafter.