Integrated Reporting: Advocacy for Nigerian Companies (Published)
In the 21st century, when integrated reporting is emerging as the new approach to corporate reporting, no Nigerian listed company is known to have prepared and published any variant of an integrated report. This is in sharp contrast to South Africa where integrated reporting is a mandated listing requirement. Perhaps Nigerian companies are insufficiently aware of the benefits of integrated reporting, hence the non-adoption of integrated reporting as the preferred corporate reporting model. In this paper, the concepts, scope and structure of integrated reports as well as benefits and scepticism of integrated reporting are accessed through a review of relevant literature. The paper recommends that the Financial Reporting Council of Nigeria (FRCN) “persuades” Nigeria listed companies to migrate to integrate reporting on a voluntary basis initially as soon as possible.
Keywords: corporate reporting model, financial and non-financial reporting Nigeria, integrated reporting