Edvard S. GARYNTSEVKazan (Volga Region) Federal University (KFU), Kazan, Republic of Tatarstan, Russian Federation 7gared7@gmail.com ORCID id: not available
Subject. This article analyzes various approaches to defining financial capital, considering case studies of financial capital indicators used by different organizations when preparing integrated reporting. Objectives. The article aims to analyze the concept of financial capital in integrated reporting, identify key approaches to its definition and assessment, and develop recommendations for standardizing disclosures to enhance transparency and comparability of data. Methods. For the study, we used observation, comparison, systematization, and comparative analysis. Results. The analysis of the content of integrated reporting by companies in various fields reveals fragmented approaches to disclosing information about financial capital. The lack of standards leads to the incomparability of data between industries. To address the issue, the article proposes a unified set of indicators that can be used to ensure greater transparency and comparability of information on financial capital in integrated reporting. Conclusions and Relevance. The results obtained confirm the key role of financial capital in integrated reporting as a basis for creating long-term value for companies. The developed recommendations for standardizing indicators can help increase the transparency and comparability of data for investors and regulators. The practical significance of the work lies in adapting international approaches to Russian realities, which contributes to the development of business resilience.
Keywords: integrated reporting, financial capital, capital resources, capital results
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