Recent corporate scandals have resulted in heightened attention towards the shortcomings of
traditional financial reporting frameworks. Concurrently, the rise of the corporate social responsibility
imperative has led to criticisms that financial reports present an incomplete account
of a firm’s activities. In addition, growing acknowledgement of the importance of a firm’s intangibles
and intellectual capital has been associated with increased commentary about the need
for extra disclosures if a more complete picture of the firm’s value is to be provided to external
stakeholders. This paper responds to these concerns by developing an extended performance
reporting framework to the Australian Food and Beverage Industry, which is characterised by
both corporate social responsibility and intellectual capital issues. In relation to the latter, this
framework presents a novel attempt to develop an industry-customised framework as called for
by both industry bodies and researchers in the area.