Reflection of the Impact of Risks in Financial and Non-financial Reporting
https://doi.org/10.26794/2408-9303-2022-9-2-50-60
Abstract
The economic activity of an organization is always associated with different types of risks. Financial statements serve as an information base for their identification, assessment, and control over their level. Almost all known risks affect the reliability of financial and completeness of non-financial reporting. Today the issues concerning approaches to assessing risk situations, ways of reflecting information about them in the reporting of companies remain topical. The emergence of new types of risks poses new challenges for business entities. It includes reducing or avoiding negative consequences from the onset of risks; unification of information about them in financial and non-financial reporting; search for methods of evaluation, control, and management of their new types. During the study, the author conducted a bibliographic study of the economic literature in the field of disclosure of information about risks in reporting, using methods of generalization, systematization, grouping, analysis, and synthesis.
About the Author
M. V. Shtiller
St. Petersburg State Economic University
Russian Federation
Russian Federation
Marina V. Shtiller - Can. Sci. (Econ.), Associate Professor, Associate Professor of the Department of Accounting and Analysis
Saint Petersburg
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Review
For citations:
Shtiller M.V. Reflection of the Impact of Risks in Financial and Non-financial Reporting. Accounting. Analysis. Auditing. 2022;9(2):50-60. (In Russ.) https://doi.org/10.26794/2408-9303-2022-9-2-50-60
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