METHODS OF INFORMATION DISCLOSURE IN INTEGRATED REPORTING

Background. Digitalization accelerates all business processes. It also applies to the management decision-making process, in particular regarding the development of the organization and the prospects for interaction with it. At the same time, there is a shortage of information necessary to form a complete and reliable picture of the current and future state of the business entity. In this regard, the organization's reporting is of great importance, but it must be performed not in the traditional format, but taking into account the principles and requirements of the International Integrated Reporting Framework. Materials and methods. The theoretical and methodological basis of the study is the legislative documents of the Russian Federation, the works of Russian and foreign scientists and practitioners dealing with the formation and analysis of integrated reporting and its individual elements, as well as financial reporting and annual statements of a number of Russian enterprises. Results. The article analyses the annual reports of large Russian enterprises to determine their compliance with the structure, principles and requirements of the International Integrated Reporting Framework. The analysis showed that the studied enterprises disclose information about their activities in sufficient volume. The author proposes a scheme for forming a simplified integrated report aimed at small and medium-sized businesses. Conclusions. Integrated reporting is the main information component of all business processes implemented in the business entity. The reporting process requires significant labor, financial and time costs. Nevertheless, its existence gives the organization undisputed advantages in terms of its own development and mutually beneficial cooperation with all interested parties.

Abstract licence: CC BY

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