Integrated reporting as a tool for increasing business information transparency in the era of digital transformation

Abstract

Aim. The presented study aims to determine the information value of integrated reporting based on an analysis of information contained in the presented reporting model.
Tasks. The authors analyze the content of integrated reporting; identify the information requests of its users and the use scope of data contained in it; consider the key factors of enterprise value creation reflected in integrated reporting.
Methods. To analyze the content of integrated reporting, determine the information requests of its users and the use scope of its data, this study uses general scientific methods, such as examination of scientific literature, laws, and regulations, systematization of materials, analysis of schemes and comparable data presented in the form of tables, generalization and formalization of the obtained results. To identify the benefits that the company and its network receive from the transition to integrated reporting, the following general scientific methods are used: description and comparison, synthesis, detailing, abstraction, induction, deduction, systems approach, and chronological analysis.
Results. A systems analysis of the integrated reporting model is performed. The components that make up the value of the organization are identified and information requests from the users of integrated reporting are determined. The use scope of public reporting data is defined. The factors of company value creation are considered. The benefits of the transition to integrated reporting are identified.
Conclusions. The decision of companies to introduce integrated reporting into their accounting practices significantly contributes to increasing the transparency of the organization’s activities and improving its image, since the innovative reporting model contains information not only about the company’s performance, but also about future opportunities and threats to its development.