Trends in the Development of Non-financial Reporting
- Authors: Zakharova S.R.1, Safonova I.V.1, Moroz V.V.1
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Affiliations:
- Financial University under the Government of the Russian Federation
- Issue: Vol 19, No 3 (2023)
- Pages: 242-249
- Section: Finance
- URL: https://journals.eco-vector.com/2541-8025/article/view/568458
- EDN: https://elibrary.ru/CMWGPR
- ID: 568458
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Abstract
This article examines the role and importance of non-financial reporting as a growing trend that serves as a basis for improving and developing socially responsible activities of economic entities. Non-financial reporting has become one of the main sources from which both external and internal users can learn detailed information about the activities of a particular entity. The non-financial reporting trend is expected to continue and grow as corporate stakeholders demand more information concerning environmental, social, and governance impacts. Dilemma for the business is no longer whether having a non-financial report or not, it is rather why, how and which kind of report should companies choose to meet stakeholders needs and comply with the regulatory framework.
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About the authors
Sofia R. Zakharova
Financial University under the Government of the Russian Federation
Author for correspondence.
Email: sofa.zaharova2014@gmail.com
the Faculty of Taxes, Audit and Business Analysis
Russian Federation, MoscowIrina V. Safonova
Financial University under the Government of the Russian Federation
Email: ISafonova@fa.ru
SPIN-code: 3929-1589
Cand. Sci. (Econ.), Associate Professor
Russian Federation, MoscowViktor V. Moroz
Financial University under the Government of the Russian Federation
Email: mvv88@list.ru
SPIN-code: 4495-5016
Cand. Sci. (Econ.), Associate Professor; Professor of the Department of Taxes and Tax Administration of the Faculty of Taxes, Audit and Business Analysis
Russian Federation, MoscowReferences
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