Integrated reporting and its pluralistic perspective: promoting public value and accountability in public sector accounting?

Public sector accounting needs a pluralistic perspective for fostering a broader public value and interactions with citizens and other stakeholders. In this article, the authors suggest that integrated reporting (IR) is a useful accounting practice for promoting a pluralistic perspective into public sector accounting to nurture public value and accountability—even though there are still lessons to learn. Public sector organizations need to stimulate engagement with stakeholders making disclosures more relevant; develop a more holistic appreciation for value creation focusing on efficacy and outcomes for society; and promote integrated thinking across internal stakeholders to avoid a superficial adoption of IR.