Home  Journals  International Accounting  16(310) - 2014 April

Corporate reporting: new requirements and lines of development

Available online: 26 April 2014

Subject Heading: REFORMATION OF REPORTING

JEL Classification: 

Pages: 2-9

In 2013, there were several world-scale important events in corporate reporting, aimed at the further enhancement of reporting quality and assurance of information transparency and accountability. The article summarizes the new requirements to the financial statements prepared according to the International Financial Reporting Standards, which are to be considered when preparing financial statements for 2013. The authors identify significant changes in sustainability reporting, which call for revision of the current approach to reporting and implementation the next two years. As well, the authors studied the modern trends in the development of corporate accounting that is integrated reporting.

Keywords: information transparency, financial reporting, sustainability reporting, integrated reporting, social responsibility, strategy orientation

References:

1. Malinovskaia N.V. Integrirovannaia otchetnost’ – innovatsionnaia model’ korporativnoi otchetnosti [Integrated reporting as an innovative model of corporate reporting]. Mezhdunarodnyi bukhgalterskii uchet – International accounting, 2013, no. 38, pp. 12–17.
2. Sidorova M.I. Bukhgalterskii uchet v usloviiakh globalizatsii mirovogo informatsionnogo prostranstva: monografiia [An accounting in the context of globalization of the world information space: monograph]. Moscow, Financial University Publ., 2013.

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ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

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