Problems of the development of corporate reporting in the transition period: the vision of professional organizations
DOI:
https://doi.org/10.35774/visnyk2021.01.066Keywords:
corporate reporting, integrated reporting, non-financial information, professional organizations.Abstract
Introduction. At the present stage, the existing model of corporate reporting is being transformed, which implies the need to analyze existing proposals among representatives of professional organizations to improve it.
The object of research is the transformation processes of the existing corporate reporting model.
The subject of the study is a set of approaches of representatives of professional organizations to the development of the corporate reporting system.
Goal. The purpose of the study is to analyze proposals for the development of corporate reporting in transition and existing conceptual problems from the standpoint of professional organizations.
Methods. The study uses historical analysis to identify current trends in corporate reporting and a method of comparison to identify the main problems identified by professional organizations in this field.
Results. It has been determined that the development of corporate reporting is currently in transition. The need to analyze the vision of professional organizations regarding the development of corporate reporting and the identification of key issues to be addressed by scientists to solve them has been substantiated. The requirements for the development of the corporate reporting regulation system put forward by international organizations during 2009-2015 have been analyzed. The proposals of professional organizations and international accounting companies regarding the development of the current corporate reporting model have been researched. Current trends in the transformation of the current model of corporate reporting under the influence of social, economic, institutional and technological factors have been analyzed. The conceptual problems of corporate reporting development have been highlighted, which should be the main focus of researchers working on improving corporate reporting and accounting development as a means of informing stakeholders and corporate accountability to society.
Prospects. The research perspective is the solution of conceptual problems of corporate reporting development in terms of its organizational, methodological and theoretical aspects.
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