THE INTEGRATED REPORTING AND THE PROSPECTS OF ITS IMPLEMENTATION IN THE RUSSIAN FEDERATION

Abstract

This article is devoted to the new method of providing information about the condition of the company - integrated reporting. The purpose of this paper is to study the essence of integrated reporting, to analyze the implementation of integrated reporting in Russia and to identify the existing problems of formation of integrated reporting.The increasing complexity of the economic system, which is forming the market relations requires the accounting system to have a special professional thinking regarding the issues of accounting, which ensures the accuracy of financial statements. With the introduction of the concept of the International Integrated Reporting there appeared the need to implement a certain integrated thinking, which makes it possible to understand the process of value creation over time. In this respect the relevance of this article lies in the fact that the standardization of integrated reporting will give both the companies and the users of such reporting statements the opportunity to represent the company’s real interaction with the environment and the capital in order to create value.When writing this article we applied the methods of scientific knowledge, such as the description, classification, monitoring and analysis. The result of this paper is the systematization of the information about the essence of integrated reporting and the prospects of its development and also existing problems related to this topic in Russia. This research can later be used as the basis for improving the methodology for the formation of integrated reporting.

Keywords

• интегрированная отчетность
• интегрированное мышление
• создание стоимости
• международный совет по интегрированной отчетности (мсио)
• российская региональная сеть по интегрированной отчетности
• integrated reporting
• integrated thinking
• value creation
• the international integrated reporting council (iirc)
• russian regional network