ABSTRACT
There are diverse views on the assurance of integrated reports and agreement on best practice is yet to develop. What is clear is that an external assurance process can add significant value to management as data collection systems, internal control, reporting and decision-making processes evolve to meet the demands of Integrated Reporting (<IR>). The credibility of integrated reports depends to a significant extent on the processes rather than the accuracy of numbers. The capitals are defined in para. 2.15 of the International <IR> Framework as: "For the purpose of this Framework, the capitals are categorized and described as": financial capital; manufactured capital; intellectual capital; human capital; social and relationship capital; and natural capital. Manufactured capitals are manufactured physical objects that are available to an organization for use in the production of goods or the provision of services, including: buildings, equipment, and infrastructure.
