Subject. The article considers the content of conceptual foundations of integrated reporting aimed at assessing the value of business. Objectives. We focus on proving the expediency and necessity to present integrated reporting for financial capital providers and other users interested in business valuation. Methods. The methodology of the research rests on recognition of the need to integrate information contained primarily in financial and management reporting, which are based on general economic theories of positive and normative economics, accounting theory and analysis, theory of finance, and the concept of sustainable development of the organization. Results. The orientation of integrated reporting on assessment of business value and its elements (capital) presents a more objective and reliable picture of the financial situation of the organization compared to traditional financial statements focused on financial results of the organization. Conclusions. The significance of the conducted research is determined by proving the need to develop a business accounting model that allows for the integration of information contained in financial and management reporting, reporting on sustainable development of the organization, and other types of reporting, enabling to generate integrated reporting on a cost basis that reflects the assessment of the value of business as a whole.
Keywords: conceptual foundations, integrated reporting, business accounting, capital, capitalization of business value
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