Integrated reporting leads to enhanced corporate integrity

A report by PricewaterhouseCoopers (PwC) suggests Britain's largest public companies should integrate internal and external reporting to promote an image of competence and integrity and ward off hostile takeover bids. "Disconnected reporting promotes the wrong image, and it raises questions about the quality of management and governance of a company, which can only contribute to uncertainty and market doubts," said PwC partner David Phillips. (Also, read the article Company reporting falling short - PwC in Accountancy Age online.)