Deakin University
Browse

Supporting SMEs in Australia for future success: Exploring how to improve business performance utilising integrated thinking and reporting techniques

Version 2 2025-01-29, 04:35
Version 1 2024-12-05, 04:01
report
posted on 2025-01-29, 04:35 authored by Peter Carey, Roger SimnettRoger Simnett, Eka TanEka Tan
Supporting SMEs in Australia for future success: Exploring how to improve business performance utilising integrated thinking and reporting techniques

History

Pagination

1-40

ISBN-13

9780730004097

Language

eng

Research statement

Background Integrated thinking and reporting offer transformative potential for Australian SMEs facing challenges like low productivity growth and pandemic-related stress. Integrated thinking promotes holistic decision-making, while integrated reporting communicates value creation beyond financial metrics. Despite benefits, SME adoption remains limited due to perceived reporting burdens, resource constraints, and framework complexity. Solutions include tailored guidance, awareness campaigns, and user-friendly tech. Research addressing benefits, challenges, and tech-enabled solutions can empower SMEs, unlocking growth and supporting Australia's economic resilience. Contribution Research on integrated thinking and reporting for Australian SMEs contributes new knowledge and practical solutions to an underexplored area. It leverages a multidisciplinary approach involving government bodies, accounting organizations, industry groups, and research institutions like Deakin University. The research focuses on Australian SMEs' unique challenges, developing tailored guidance and exploring technology's role in simplifying adoption. It generates insights into benefits, costs, and implementation barriers while reconceptualizing traditional reporting practices to emphasize sustainability and stakeholder inclusion, driving innovation among SMEs. Significance Research on integrated thinking and reporting for Australian SMEs demonstrates significant impact and reach. It informs policies by government and accounting bodies, offering practical guidance to SMEs and accounting professionals. Conducted by the reputable Deakin Integrated Reporting Centre (DIRC), the research has strong academic and practical credibility. Disseminated via a white paper and future publications in journals and conferences, the findings promote better SME decision-making, stakeholder engagement, and performance. This work advances integrated reporting adoption, strengthening Australian SMEs and enhancing economic resilience.

Publication classification

A6 Research report/technical paper

Publisher

Deakin University

Place of publication

Geelong, Vic.

Usage metrics

    Research Publications

    Categories

    No categories selected

    Keywords

    Uncategorised value

    Licence

    All Rights Reserved

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC