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ACCA Strategic Professional · Advanced Audit and Assurance (International) · The assurance of sustainability

Calder Foods plc publishes an integrated report and wants its assurance firm to evaluate whether the report follows the Integrated Reporting Framework issued by the IFRS Foundation. Which of the following is one of the six capitals identified in that framework?

Natural capital is one of the six capitals in the Integrated Reporting Framework, alongside financial, manufactured, intellectual, human, and social and relationship capital. Working capital, shareholder capital and regulatory capital are financial or prudential concepts and are not framework capitals.

  1. ANatural capitalCorrect
  2. BShareholder capital
  3. CWorking capital
  4. DRegulatory capital

Explanation

The Integrated Reporting Framework identifies six capitals: financial, manufactured, intellectual, human, social and relationship, and natural. Shareholder, working and regulatory capital are accounting or prudential terms, not framework capitals.

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