Organizational aspects of integrated reporting preparation according to international standard «Integrated reporting»
Journal Title: Вісник Житомирського державного технологічного університету. Серія: економіка, управління та адміністрування - Year 2016, Vol 78, Issue 4
Abstract
Integrated Reporting is an innovative reporting for business entities, therefore the issue of the organization the preparation of this reporting is an actual. The absence of legislative regulation of integrated reporting at national level of legal documents has greatly affected the issue, because the only document, that specifies the requirements for integrated reporting is the international standard «integrated reporting». The article considers the organizational principles of integrated reporting preparation. Taking into account the requirements of the international standard «integrated reporting», the authors make the attempts to define the basic organizational stages of such reporting, that allows to introduce the integrated reporting in a structured way and logically. It is proposed on the enterprises preparing the integrated reporting to constitute the schedule of the formation of the integrated reporting. In addition, the important thing is to develop the internal policy for determining materiality by the use of the professional judgment. The appropriate internal policy is assigned to disclose the materiality process in an integrated reporting for decision-making on the inclusion or exclusion issues to be understandable for users.
Authors and Affiliations
M. O. Maksymchuk
Keywords
Related Articles
- EP ID EP271208
- DOI -
- Views 112
- Downloads 0
Determination of stakeholders influencing the operation of fuel and energy enterprises
It is proved that the considerable influence of different groups of stakeholders leads to the creation of conditions for the emergence of negative phenomena, and to an imbalance of the economic security system. In such c...
Systematics of managerial reporting of public higher education institutions
The systematization of managerial reporting of public higher education institutions with the purpose of further formation and development of its theoretical foundations is worked out. The article investigates the feature...
Usage of strategic concepts of management accounting for satisfaction of information needs of innovation management
The research includes the analysis of main trends of development of innovative activity in Ukraine during last years. It has been determined, that the number of innovative-active enterprises of Ukraine increase, and this...
Principle of accrual and compliance of income and expenses in accounting system
The introduction of international accounting and financial reporting standards requires the deeper implementation of accounting principles, in particular, the principle of accrual and compliance costs. The current resear...
Modern tendencies of the administrative accounting introduction using world experience
The article is devoted to the research of foreign experience of organization and management of accounting in enterprises. Today, significant changes in the conditions of the economy, which occur in the country’s economy,...