Michael P. Krzus

Professional History
Mike Krzus Consulting, Inc., 2011-Present
President

Grant Thornton, 2002-2011
Partner, Audit and Public Policy, 2005-2011

Arthur Andersen,1999-2002
Senior Manager, Assurance Professional Standards Group

Illinois Central Railroad,1996-1999
Director, Internal Audit

BDO Seidman, 1995-1996
Senior Manager, National SEC Group

Checker, Simon, and Rosner, 1986-1995
Director, Accounting and Auditing Quality Control

Illinois Central Gulf Railroad,1973-1986
Director, Financial Reporting, 1983-1986

Education
Calumet College. Bachelor of Science, Accounting, 1980

Professional Certifications
Certified Public Accountant, 1981

Military Service
U. S. Army, 1970-1973
Vietnam, 1st Cavalry Division, 1971-1972

Author

Books
Robert G. Eccles, Michael P. Krzus, and Sydney Ribot. The Integrated Reporting Movement: Meaning, Momentum, Motives, and Materiality. New York: John Wiley & Sons, Inc., 2014.

Robert G. Eccles and Michael P. Krzus. One Report: Integrated Reporting for a Sustainable Strategy. New York: John Wiley & Sons, Inc., 2010.

Frank C. Minter, Barry Jay Epstein, and Michael P. Krzus. Handbook of Accounting and Auditing. New York: Warren, Gorham & Lamont, 1996-2000 Editions.

Book chapters
Michael P. Krzus. “Reporting and Standards: Tools for Stewardship.” Handbook of Institutional Investment and Fiduciary Duty, edited by James P. Hawley, Andreas G. F. Hoepner, Keith L. Johnson, Joakim Sandberg and Edward J. Waitzer, 415-428. Cambridge: Cambridge University Press, 2014.

Robert G. Eccles, Michael P. Krzus, and Liv A. Watson. “Integrated Reporting Requires Integrated Assurance.” Effective Auditing for Corporates: Key Developments in Practice and Procedures, edited by Joe Oringel, 161-177. London: QFINANCE Key Concepts, Bloomsbury Information Limited, 2012.

Michael P. Krzus. “The Case for Integrated Reporting.” Trust Meltdown II, edited by Roland Schatz and Liv A. Watson, 82-88. Fribourg: INNOVATIO Publishing Ltd., 2011.

Robert G. Eccles and Michael P. Krzus. “Taking Sustainability Seriously: The Time Has Come for Integrated Reporting.” Kapitalmarkt in Theorie und Praxis, edited by Fritz H. Rau and Peter Merk, 437-443. Frankfurt am Main: Fritz Knapp Verlag GmbH, 2010.

Michael P. Krzus. “Integrated Reporting: Now What?” The Landscape of Integrated Reporting, edited by Robert G. Eccles, Beiting Cheng, and Daniela Saltzman, 211-213. Cambridge, MA: Harvard Business School, 2010.

Articles
The Conference Board. “How difficult will it be for companies to implement the TCFD recommendations?” blog entry by Robert G. Eccles and Michael P. Krzus, September 6, 2018.

Robert G. Eccles and Michael P. Krzus. “TCFD: It Can Be Done.” The Conference Board. Executive Action Report. August 13, 2018.

Robert G. Eccles and Michael P. Krzus. “Constructing Bank of America's 2017 Mock Integrated Report: Experiment No. 3” (Unpublished manuscript, August 6, 2018). Available on SSRN.

Robert G. Eccles and Michael P. Krzus. “Constructing Alphabet Inc.’s 2017 Mock Integrated Report” (Unpublished manuscript, July 1, 2018). Available on SSRN.

Robert G. Eccles and Michael P. Krzus. “Constructing ExxonMobil's First Integrated Report: An Experiment” (Unpublished manuscript, March 21, 2018). Available on SSRN.

Robert G. Eccles and Michael P. Krzus. “An Analysis of Oil & Gas Company Disclosures from the Perspective of the Task Force on Climate-related Financial Disclosures” (Unpublished manuscript, December 14, 2017). Available on SSRN.

MIT Sloan Management Review, Big Idea: Sustainability. “Why Companies Should Report Financial Risks From Climate Change,” blog entry by Robert G. Eccles and Michael Krzus, October 27, 2017.

GreenBiz.com, Insights. “Rethinking the role of the corporate sustainability officer,” blog entry by Michael P. Krzus, April 5, 2017.

Michael P. Krzus. “Integrated Reporting for a Long-term Strategy.” International Integrated Reporting Council and SHIFT TO Long-term investing, March 2017.

Michael P. Krzus. “Leveraging the CEO Investor Forum to make integrated reporting relevant in the capital markets.” Responsible-Investor.com, February 2, 2017.

GreenBiz.com, Insights. “Integrated reporting as a strategic initiative,” blog entry by Michael P. Krzus, August 16, 2016.

Robert G. Eccles, Michael P. Krzus, and Sydney Ribot. “Models of Best Practice in Integrated Reporting 2015.” Spring. Journal of Applied Corporate Finance 27, no. 2 (2015).

Robert G. Eccles, Michael P. Krzus, and Sydney Ribot. “Meaning and Momentum in the Integrated Reporting Movement.” Spring. Journal of Applied Corporate Finance 27, no. 2 (2015).

Michael P. Krzus, Brian Ballou, and Dan L. Heitger. “The Economics of Sustainability Initiatives.” American Institute of Certified Public Accountants, June 2013.

Michael P. Krzus. “Entegre Raporlama.” Kurumsal Yönetim Dergisi 16. Sayi, August 2012.

Robert G. Eccles, Michael P. Krzus, Jean Rogers, and George Serafeim. “The Need for Sector-Specific Materiality and Sustainability Reporting Standards.” Spring. Journal of Applied Corporate Finance 24, no. 2 (2012).

Robert G. Eccles, Michael P. Krzus, and George Serafeim. “Market Interest in Nonfinancial Information.” Fall. Journal of Applied Corporate Finance 23, no. 4 (2011).

Michael P. Krzus. “Integrated reporting: if not now, when?” IRZ–Zeitschrift für Internationale Rechnungslegung, Issue 6, June 2011, pages 271-276.

Michael P. Krzus. “NSFM opinion: Integrated reporting.” Network for Sustainable Financial Markets, October 5, 2010.

Robert G. Eccles and Michael P. Krzus. “One Report: The case for integrated reporting.” Association for Financial Professionals, July 2010.

HuffingtonPost.com. “Going Green in Annual Reports,” blog entry by Robert G. Eccles and Michael P. Krzus, May 28, 2010.

Robert G. Eccles and Michael P. Krzus. “Integrated Reporting for a Sustainable Strategy.” Financial Executive, March 2010.

Robert G. Eccles and Michael P. Krzus. “Guest Column.” The SIF Scoop: The Quarterly Newsletter of the Social Investment Forum, March 2010.

Robert G. Eccles and Michael P. Krzus. “The quest for the ‘Holy Grail’ of integrated financial and CSR reporting.” Responsible-Investor.Com, March 2010.

Robert G. Eccles and Michael P. Krzus. “The future of corporate responsibility and sustainability reporting: Integration.” Ethical Corporation, March 2010.

Michael P. Krzus, Lee E. Graul, and Jeffrey W. Lenz. “Practical tips for writing MD&A.” Journal of Corporate Accounting & Finance, Volume 7, Issue 4, Summer 1996.

HBS Case Materials
Robert G. Eccles, George Serafeim, Sydney Ribot, and Michael P. Krzus. “Integrated Reporting at Aegon.” Harvard Business School Case N9-315-011, October 2014.

Robert G. Eccles, Michael P. Krzus, and George Serafeim. “A Note on Materiality for Nonfinancial Information.” Harvard Business School Note N9-314-033, November 2013.

Robert G. Eccles and Michael P. Krzus. “Novo Nordisk: A Commitment to Sustainability.” Harvard Business School Case 412-053. Revised June 2013.

Robert G. Eccles, Michael P. Krzus, and George Serafeim. “Market Interest in Nonfinancial Information.” Harvard Business School Working Paper, No. 12-018, September 2011.

Robert G. Eccles and Michael P. Krzus. “A Chronology of Integrated Reporting.” Harvard Business School Note 411-049, September 2010. Revised August 2011.

Speaker

Presentations and Panels
“Trends in Corporate Reporting.” Guest speaker at Corporate Social Innovation course, Kellogg School of Management, Northwestern University, Evanston, IL, May 18, 2018.

“Integrated Reporting for a Sustainable Strategy.” Keynote speaker at Sustainability Investment Leadership Conference, New York, NY, May 2, 2018.

“Trend Talk—Integrated Reporting Breakthrough.” Presentation at CECP Strategic Investor Initiative CEO Investor Forum 4.0, San Francisco, CA, April 18, 2018.

“Sustainability Perspectives for Accounting and Finance Professionals.” Presentation at Duquesne University, 6th Annual Accounting CPE Conference, Pittsburgh, PA, November 16, 2017.

“Meeting Market and Societal Expectations.” Presentation at Sustainable Pittsburgh, CEOs for Sustainability Speaker Series, Pittsburgh, PA, October 25, 2017.

“Sustainability in a Time of Uncertainty: A Capital Markets Perspective.” Presented at Duquesne University, John F. Donahue Graduate School of Business, 10th Anniversary of Sustainable Business Practices MBA program, Pittsburgh, PA, June 9, 2017.

“Developing a Maturity Model for Reporting and Disclosure.” Panel discussion at Association of Climate Change Officers, 2016 Climate Strategies Forum—West, San Diego, CA, October 20, 2016.

“Integrating Reporting and Disclosure into Strategic Planning.” Panel discussion at Association of Climate Change Officers, 2016 Climate Strategies Forum—East, Washington, DC, July 18, 2016.

“Introduction to Integrated Reporting.” Presented at Society of Corporate Secretaries and Governance Professionals, Milwaukee, WI, April 14, 2016.

“Responsible corporate and investor reporting: what information is required, and what makes sense?” Panel discussion at Responsible-Investor.com, ESG-USA 2014, New York, NY, December 9, 2014.

“Materiality for Nonfinancial Information.” Presented at University of Chicago, Graham School of Continuing Liberal and Professional Studies, Chicago, IL, June 10, 2014.

“Integrated Reporting: The Future of Business Reporting.” Presented at University of Illinois Professional Lyceum 2013-14, Champaign, IL, October 3, 2013

“Integrated Reporting.” Presented at University of Chicago, Graham School of Continuing Liberal and Professional Studies, Chicago, IL, May 28, 2013.

“Sustainability: View from the C-Suite.” Panel discussion at International Society of Sustainability Professionals, Chicago, IL, May 10, 2013.

“Integrated Reporting.” Panel discussion at International Society of Sustainability Professionals, Chicago, IL, May 10, 2013.

“The Global Push to Reinvent the Audit.” Panel discussion at Yale Governance Forum 2012, New Haven, CT, June 8, 2012.

“The State of Sustainability Reporting.” Presented at Council of Institutional Investors member teleconference, February 29, 2012.

“Integrated Reporting.” Presentation at Interfaith Center on Corporate Responsibility, New York, NY, February 6, 2012.

“Bridging the Gap Between Investor ESG Requirements and CSR Reporting.” Panel discussion at Responsible-Investor.com, ESG-USA 2011, New York, NY, December 13, 2011.

“What is integrated reporting.” Keynote speaker and launch of Italian translation of One Report at Edison S.p.A. Milan, Italy, October 11, 2011.

“Integrated reporting: If not now, when?” Keynote speaker at 1st Integrated Reporting Convention, DVFA-Society of Investment Professionals in Germany, Frankfurt, Germany, June 21, 2011.

“Integrated Reporting for a Sustainable Strategy.” Presentation at Brazilian Development Bank, Rio de Janeiro, Brazil, May 5, 2011.

“One Report.” Launch of Portuguese translation of One Report at Sao Paulo Museum of Modern Art, May 4, 2011.

“Integrated Reporting for a Sustainable Strategy.” Presentation at Sao Paulo Stock Exchange, Sao Paulo, Brazil, May 4, 2011.

“Integrated Reporting for a Sustainable Strategy.” Presentation at 10th Annual Beyond Budgeting Roundtable, Chicago, IL, April 27, 2011.

“Integrated Reporting.” Launch of Grant Thornton South Africa Sustainability and Integrated Reporting Practice, Cape Town, South Africa, March 31, 2011.

“Integrated Reporting.” Launch of Grant Thornton South Africa Sustainability and Integrated Reporting Practice, Johannesburg, South Africa, March 30, 2011.

“Integrated Reporting.” Roundtable discussion at Johannesburg Stock Exchange, Johannesburg, South Africa, March 30, 2011.

“Integrated Reporting.” Presentation at Indiana University, Kelley School of Business, Bloomington, IN, March 23, 2011.

“Integrated Reporting.” Presentation at Grant Thornton, Chicago, Illinois, December 19, 2010.

“Strategic Approaches for Integrated Reporting.” Presentation at Nikkei Business Innovation Forum, Tokyo, Japan, December 2, 2010.

“ESG Worldwide: The Global Campaign for Enhanced Disclosure.” Panel discussion at SRI in the Rockies, San Antonio, TX, November 19, 2010.

“Integrated Reporting and Leadership in Emerging Markets.” Presentation at SRI in the Rockies, Social Investment Forum International Working Group, San Antonio, TX, November 18, 2010.

“Integrated Reporting.” Presentation at University of Illinois at Urbana-Champaign, Center for Professional Responsibility in Business and Society, Urbana-Champaign, IL, November 15, 2010.

“Integrated Reporting.” Presentation at Texas Christian University, Neeley School of Business and the Department of Accounting, Fort Worth, TX, September 30, 2010.

“Integrated Reporting.” Presentation at Carbon Economy Summit 2010, Toronto, Canada, September 21, 2010.

“Integrated Reporting.” Presentation at Canadian Institute of Chartered Accountants, Performance Reporting Board, Toronto, Canada, September 16, 2010.

“Integrated Reporting for a Sustainable Strategy.” Presentation at DVFA-Society of Investment Professionals in Germany, Frankfurt, Germany, June 22, 2010.

“Integrated Reporting for a Sustainable Strategy.” Presentation at Oddo Securities, 5th Environment Forum, Paris, France, June 21, 2010.

“XBRL and Reporting.” Panel discussion at Global Reporting Initiative, Amsterdam Conference on Sustainability and Transparency, Amsterdam, The Netherlands, May 27, 2010.

“Integrated Reporting.” Presentation at SEC Investor Advisory Committee, Investor as Owner Subcommittee, Washington, DC, May 18, 2010.

“One Report” (Robert G. Eccles and Mike Krzus). Book launch and Q&A at University of Toronto, Rotman School of Management, Toronto, Canada, May 12, 2010.

“Integrated Reporting.” Roundtable at nGenera Senior Executive Exchange, Chicago, IL, May 11, 2010.

“Integrated Reporting.” Panel discussion at International Corporate Governance Network, London, United Kingdom, March 25, 2010.

“Integrated Reporting for a Sustainable Strategy.” Presented at World Intellectual Capital Initiative-Japan, Tokyo, Japan, February 15-19, 2010.

“Trends in integrated reporting.” Workshop at Sustainable Asset Management (SAM) Faculty, Zurich, Switzerland, January 25, 2010.

“Integrated reporting: trends and possibilities.” Presentation at European Commission, Enterprise & Industry Workshop on Disclosure of Environment, Social and Governance Information, Brussels, Belgium, October 30, 2009.

“Integrated Reporting.” Presentation at 3rd Taking ESG Into Account 2009, DVFA-Society of Investment Professionals in Germany, Frankfurt, Germany, September 8, 2009.

Interviews
Mike Krzus and Jane MacMaster. “Complex thinking vs. short-termism: Krzus and MacMaster on strategy design,” interview by Prue Moodie, IntegrateReport.com, January 18, 2017.

“What the CEO needs to know,” interview by Prue Moodie, IntegrateReport.com, October 10, 2016.

“Tax, presentation, and connectivity,” interview by Prue Moodie, IntegrateReport.com, May 11, 2016.

Mike Krzus and Michael Holland. “What Does Sustainability Really Cost?” interview by Kathy Hoffelder, CFO.com, August 28, 2012.

“La lenta avanzata dell’One Report: A colloquio con Michael P. Krzus,” interview by Livia Piermattei and Fabio Ventoruzzo, Harvard Business Review Italy, November 2011, no. 11: 62-66.

“Reports ‘a learning process,’” interview by Sanchia Temkin, BusinessDay, April 1, 2011.

“Integrated Reporting (Part 1 and Part 2),” interview by Leigh Roberts, The South African Institute of Chartered Accountants, March 30, 2011.

“Short-termism requires long-term vision,” interview by Mike Scott, The Financial Times, January 17, 2011.

“The future is integrated,” interview by Nicola Maher, International Accounting Bulletin, May 27, 2010.

“Is Integrated Reporting the Future of Corporate Transparency?” interview by Caleb Newquist, Huffington Post, May 26, 2010.

“Accounting Going Green? The Move to Integrated Reporting,” interview by Caleb Newquist, GoingConcern.com, May 25, 2010.

“One Report: Better Strategy through Integrated Reporting,” interview of Robert G. Eccles and Michael Krzus, by Martha Legace, Harvard Business School Working Knowledge, April 12, 2010.

“One Report: An interview with Bob Eccles and Mike Krzus,” by John Wiley & Sons, April 2010.

“Take Five: Integrated Financial and Non-Financial Reports.” BoardMember.com, February 25, 2010.

Webinars
“The Economics of Sustainability Initiatives.” Produced by American Institute of Certified Public Accountants. June 14, 2013.

“Integrated Reporting: What You Need to Know.” Produced by Addison. June 13, 2013.

“The Importance of Integrated Reporting Standards.” Produced by The Conference Board. March 8, 2013.

“Integrated Reporting: the next frontier of sustainability transparency.” Produced by i2live webinars and Industry Intelligence, Inc. February 6, 2013.

“Improving controls over nonfinancial information.” Produced by CSR Insight, Global ESG Regulatory Academy. December 3, 2012.

“Sustainability and Integrated Reporting: Challenges and Solutions.” Produced by WebFilings. August 28, 2012.

“Integrated Reporting.” Produced by BusinessFinanceMag.com, Dynamic Finance Webcast Series. September 20, 2011.