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ИД «Финансы и кредит»






International Accounting

Integrated reporting of the priority socio-economic development area and its relevance to the potential users

Vol. 22, Iss. 3, MARCH 2019

Received: 4 February 2019

Received in revised form: 18 February 2019

Accepted: 4 March 2019

Available online: 15 March 2019


JEL Classification: G14, G32, G34, М21, М41

Pages: 323–347


Yakimova V.A. Amur State University (AmSU), Blagoveshchensk, Amur Oblast, Russian Federation


Subject The article discusses reporting of priority socio-economic development areas and totality of its qualities for satisfying stakeholders' needs.
Objectives The research forges the model for integrated reporting of the priority development area by identifying the specifics of business integration and studying the relevance of financial capital generation factors to stakeholders for purposes of their functions.
Methods The research involves the methods of analysis, systematization, grouping, classification, and generalization.
Results The article reveals the specifics of the priority development area. I provide the rationale for an integrated reporting system that would give a detailed account of the economic value added of the priority development area through the transformation of financial capital and its growth drivers. The article indicates and classifies which parties would be interested in integrated reporting, underlines key indicators reflecting the procedure for the formation of certain types of capital.
Conclusions and Relevance Integrated reporting makes any business transparent and helps raise the financial capital. The disclosed information depends on structural distinctions and information needs of the governance system and external environment. If reports are oriented at the potential residents, investors and attraction of the talent to the region, it will help determine how the business combination value is made and how investment and budgetary funds are spent. The findings can be used to outline methodological principles and standards of integrated reporting at the national level. They may also serve for analysis, control, monitoring and governance at the mesolevel and microlevel on the part of the public authorities and managing companies respectively.

Keywords: integrated reporting, priority development area, network capital, financial capital, social capital


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