Abstract
The concept of non-financial reporting development, approved in May last year by the decree of the Government of the Russian Federation, defines an integrated report as one of the possible types of non-financial reporting. However, Russia does not have experience in compiling this type of public reporting, considering that the very concept of integrated reporting was formalized in the form of International Integrated Reporting Basics relatively recently - in December 2013. In this regard, the study of foreign experience in disclosing information regarding the structural elements of integrated reporting is relevant and is the subject of the article research. The goal of the research is to identify the best practices of information disclosure in integrated reports concerning the main problematic aspects and to propose them for use in management practice by Russian economic entities. The analysis of foreign experience of information disclosure was conducted according to the data of integrated reports of South African companies for 2012–2014, which got in the top 10 listed companies of the annual rating of Ernst & Young Global Limited “Improvement in the integrated reporting” in 2013–2015. The research uses a theoretical-empirical method, benchmarking. In order to raise the awareness of the reporters and stakeholders about the best practices that have been developed around the world in the area of integrated reporting, the possible approaches to disclosing information on interaction with stakeholders, on the achievement of strategic goals, on the concept of value creation and the business model are presented. These approaches can be used by Russian economic entities when they introduce this innovative reporting model.The best practices of disclosing information on certain structural elements of the integrated reporting presented in the article can help accelerate the implementation of integrated reporting in the management practice of Russian economic entities, as well as improve the quality of information disclosure.
Highlights
The concept of non-financial reporting development, approved in May last year by the decree of the Government of the Russian Federation, defines an integrated report as one of the possible types of nonfinancial reporting
Russia does not have experience in compiling this type of public reporting, considering that the very concept of integrated reporting was formalized in the form of International Integrated Reporting Basics relatively recently — in December 2013
The study of foreign experience in disclosing information regarding the structural elements of integrated reporting is relevant and is the subject of the article research
Summary
В этой связи изучение зарубежного опыта раскрытия информации по структурным элементам интегрированной отчетности весьма актуально и является предметом исследования статьи. Цель исследования — выявить лучшие практики раскрытия информации в интегрированных отчетах по основным проблемным аспектам и предложить их для использования в управленческой практике российскими экономическими субъектами. Анализ зарубежного опыта раскрытия информации проведен по данным интегрированных отчетов компаний ЮАР за 2012–2014 гг., которые попали в 2013–2015 гг. C целью повышения осведомленности составителей отчетности и заинтересованных сторон о лучших практиках, которые наработаны в мире в сфере интегрированной отчетности, представлены возможные подходы к раскрытию информации о взаимодействии с заинтересованными сторонами, достижении стратегических целей, концепции создания ценности и бизнес-модели. Ключевые слова: интегрированная отчетность; взаимодействие c заинтересованными сторонами; бизнесмодель; стратегическая панель результативности; кодекс корпоративного управления (Кинг IV); Международные основы интегрированной отчетности; опыт южноафриканских компаний; виды капитала; годовые отчеты.
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