MODERN APPROACHES FOR INTEGRATED REPORTING PREPARING IN UKRAINE
AbstractIn modern conditions, the possibilities of Accounting Reporting do not meet the tasks of contentment the information needs of users of accounting data, which are aimed at obtaining evidence of the stable and sustainable functioning of both the business entity and the region where it operates, and the state as a whole. The subject of the article is the different approaches to the preparation of integrated reporting and features of the formation of indicators. Integrated corporate reporting defines a single format for providing interested consumers with information about the company's activities, risks and potential for quality services, covers financial and non-financial reporting and discloses the effectiveness of economic, environmental and social activities of the company, ensuring transparency of information on business risks and management. At present, enterprises in Ukraine compile a report that combines financial indicators and indicators that characterize some important social aspects – Management Report. The paper considers the concept of cost reporting, the key idea of which is to achieve greater informativeness of accounting indicators through corporate reporting and the development of standards of non-financial information that reflects the industry specifics of the enterprise. The purpose of the work is a detailed consideration of the essence of integrated reporting, problems of its compilation, analysis of existing approaches to the formation of indicators of integrated reporting of different companies taking into account the needs of users, justification of indicators included in integrated reporting. The study used a set of methods and approaches, such as dialectical, synthesis and comparative, systemic. The article solves such tasks as analysis of functions and components of integrated reporting, analysis of the Management Report and indicators that form it, determining the features of its preparation by different companies, the basic principles of integrated reporting in accordance with the international standard of integrated reporting. The obtained results are a detailed analysis of the indicators of the management report and the introduction of prerequisites for the effective formation of such indicators. Conclusions: Further development of integrated reporting should focus on such important aspects as the development of a system of financial and non-financial indicators, methods of obtaining information, generalization of various management systems (management accounting, monitoring, analysis of financial stability) in the preparation of internal integrated reporting.
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