Non-financial reporting of companies and the necessity of its confirmation by auditors in Ukraine
Olena Petryk , Oleksii Kurylo , Oleksandra Karmaza , Vitalii Makhinchuk , Olga Martyniuk
AbstractThe relevance of the study is caused by the fact that the non-financial reporting of business entities and the intensification of process of globalization are becoming nowadays an important source of information for making managerial decisions by different groups of stakeholders. The process of its implementation, definition of types, forms and content remains legally unregulated for Ukraine. A process of its audit requires a systemic solution and an appropriate independent audit opinion. The purpose of the article is to summarize the European and international experience in the field of regulation of drawing up and publication of non-financial reporting, to work out problems of its content definition and to provide proposals for the regulation of these issues in Ukraine, to define the recommended groups of indicators, and to ground the main directions and tasks of their audit. It is proposed to create a general concept for the implementation and development of non-financial reporting in Ukraine, which may require the adoption of the future Law of Ukraine “On Public Non-Financial Reporting”, national standards for its preparation, and relevant methodological recommendations for their implementation. The directions of development of theoretical, organizational and methodical issues of audit of non-financial reporting are provided. A number of valid normative acts of the Audit Chamber of Ukraine in terms of the regulation of audit of non-financial reporting and improvement of professional qualifications of specialists require clarification and accompaniments.
|Journal series||Problems and Perspectives in Management, ISSN 1727-7051, (0 pkt)|
|Publication size in sheets||0.5|
|Keywords in English||audit, non-financial reporting, social responsibility, indicators, standards, control procedures, audit report|
|License||Journal (articles only); published final; ; with publication|
|Score|| = 0.0, 04-10-2018, ArticleFromJournal|
= 6.0, 04-10-2018, ArticleFromJournal
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.