Abstract:

Various reporting models are available to meet the different needs of stakeholders. However, as a result of years of searching, the concept of integrated reporting has emerged, which aims to complete the deficiencies of existing reports. Integrated reporting practices attract a lot of attention both among the business world and other stakeholders. In this study, integrated reporting and independent external assurance are examined. In this context, the integrated thinking approach, the reasons for organizations to adopt integrated reporting, the International Integrated Reporting Framework and the benefits of integrated reporting for internal/external information users, and assurance for financial/non-financial information components are discussed in detail. As a result, the issue of assurance/independent auditing draws attention together with integrated reporting, which is a new corporate approach. In this context, answers are sought to questions such as how financial and non-financial information components will be brought together in the audit process, how to provide assurance for non-financial information, which is one of the sub-components of the integrated report, which institutions or organizations will be responsible for the establishment of standards regarding non-financial information, whether the audit standards for non-financial information are sufficient. whether there is no independent external assurance, which institutions or organizations will provide the independent external assurance, what will be the responsibility of the institutions or organizations that provide the independent external assurance, whether or not independent external assurance can be made at an effective cost.

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