International Accounting
 

Trends in the development and adoption of integrated reporting in the Russian Federation

Vol. 21, Iss. 1, JANUARY 2018

Received: 23 November 2016

Received in revised form: 18 January 2017

Accepted: 31 January 2017

Available online: 16 January 2018

Subject Heading: Managerial accounting

JEL Classification: F00, F23, М41

Pages: 45–51

https://doi.org/10.24891/ia.21.1.45

Glushko D.A. Financial University under Government of Russian Federation, Moscow, Russian Federation
darija.glushko@yandex.ru

ORCID id: not available

Importance The article examines trends in the development of integrated reporting in Russia.
Objectives The research examines theoretical and practical principles for implementation and preparation of integrated reporting and generation of data for such reporting. I also identify the existing difficulties and issues arising from the use of such reporting in Russia. The research scrutinizes the specifics of integrated reporting and analyzes its theoretical principles and standards.
Methods I applied methods of scientific research, such as description, classification, observation, generalization, economic and statistical analysis.
Results I studied whether it was relevant and practicable for the Russian companies to develop integrated reporting, and disclosed premises for its adoption in the Russian Federation. The article overviews integrated reporting practices of the Russian companies and highlights methods, which would contribute to transparency of integrated reporting. I reviewed qualities and preparation principles underlying the integration reporting process. I put special focus on the concept of integrated thinking and its relationship with factors that especially influence entities in their value creation practices. The article analyzes the Russian trends in integrated reporting and its need for the Russian companies.
Conclusions and Relevance I substantiate the need in integrated reporting in terms of corporate competitiveness. The findings can be used in corporate practices to decide whether it is reasonable to prepare integrated financial statements, and for educational, methodological and scientific purposes.

Keywords: integrated reporting, international standard, regional network, business model, integrated thinking

References:

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