Strengths and Weaknesses of Integrated Reporting: A Comprehensive Literature Review

A review of relevant academic studies has yielded a range of insights on integrated reporting. This review aims to provide a comprehensive view of the strengths and weaknesses of integrated reporting. This paper notes that the strengths of integrated reporting are its benefits to improve transparency, reduced information asymmetry, enhanced decision-making processes, increased value relevance of information, and strengthened stakeholder accountability. While, the weaknesses and challenges are a lack of guidance in the IR framework, comparability, additional costs anticipated, complexity, and involvement of accountants. The literature on integrated reporting is extensive and varied. However, there is a lack of comprehensive understanding of the strengths and weaknesses of integrated reports. This study provided policymakers with a comprehensive understanding of integrated reports. This study is expected to have an impact on future policies, which will help to improve integrated reporting.