The imperative of sustainable growth and reporting integration. The fourth era in the corporate reporting development
DOI:
https://doi.org/10.12775/CJFA.2014.017Keywords
sustainable growth, integrated reporting, financial reporting, social responsibility reporting, valueAbstract
This article is aimed at the presentation of an opinion in the important discussion about the further development of corporate performance reporting standards, which go far beyond the standards of financial reporting. This text, which is the second part of a two-part analysis, refers to the problem of a new trend of corporate reporting primarily for two reasons: (1) to point to the legitimacy of the joint determination by economic sciences of the axis around which reporting on corporate (organisation) performance should revolve, (2) in view of the variety of perceptions of value, to make everybody aware that different elements of corporate reporting should be compatible and that its usefulness for a wide range of stakeholders is predetermined by the explicitness of perception of the categories which are present in these elements. The present article is also aimed at the presentation of a qualitative surge of corporate performance reporting which is being made as a result of the focus on these corporate aspects thanks to which – with the simultaneous imperative of sustainable growth – value is created. This is the reason for the emergence of the fourth era.
References
Biomasa.org (2014),
http://www.biomasa.org/index.php?d=artykul&kat=27&art=19 (accessed: 21.01.2014).
Global Reporting Initiative (2014),
http://www.globalreporting.org/Pages/default.aspx (accessed: 21.01.2014).
Integrated Reporting (2014),
http://www.theiirc.org/about/ (accessed: 21.01.2014).
International Standard on Assurance Engagements 3000, ISAE 3000 (2012), http://www.ifac.org/sites/default/files/publications/files/B005%202012%20IAASB%20Handbook%20ISAE%203000.pdf (accessed 25.01.2014).
Kaplan R. S., Norton D. P. (2001). Transforming the Balanced Scorecard from performance measurement to strategic management. Part I. Accounting Horizons, March 2001, vol. 15, no. 1. http://dx.doi.org/10.2308/acch.2001.15.2.147.
Karmańska A. (2009), Wartość ekonomiczna w systemie informacyjnym rachunkowości finansowej (Economic value in the accounting information system), Difin, Warsaw.
Karmańska A. (2010), Rachunkowość a zmiany w zarządzaniu (Accounting and chan ges in management), [in:] Zagrożenia w działalności gospodarczej a prawo bilansowe (Economic activity threats and balance law), Scientific editor: E. Mączyńska, Z. Messner, PTE, SKwP, Warsaw.
Karmańska A. (2014). The imperative of sustainable growth and reporting integration. Three eras in the corporate reporting development. Copernican Journal of Finance and Accounting, vol. 3, no. 1. http://dx.doi.org/10.12775/CJFA.2014.006.
Kay J. (1996), Podstawy sukcesu firmy (Corporate success basis), PWE, Warsaw.
Leśniowska-Łebkowska G. (2006), Dylematy rozwoju strategicznego i kształtowanie przyszłości firm w duchu społecznej odpowiedzialności biznesu (Strategic growth dilemmas and the development of corporate future in the spirit of CSR), [in:] M. Romanowska, P. Wachowiak (ed.), Koncepcje i narzędzia zarządzania strategicznego (Concepts and tools of strategic management), SGH, Warsaw.
People and the Planet (2014), http://www.peopleandtheplanet.com/index.html@lid=26996§ion=49&topic=39.html (accessed: 21.01.2014).
Roszyk-Kowalska G. (2006), Architektura przedsiębiorstwa jako źródło przewagi konkurencyjne (Corporate architecture as a source of competitive advantagej), [in:] M. Romanowska, P. Wachowiak (ed.), Koncepcje i narzędzia zarządzania strategicznego (Concepts and tools of strategic management), SGH, Warsaw.
Sustainability Reporting Guidelines G4 (2013), https://www.globalreporting.org/reporting/g4/Pages/default.aspx (accessed: 21.01.2014).
The International Framework (2013), http://www.theiirc.org/international-irframework/ (accessed: 21.01.2014).
The Rio Declaration on environment and development (1992), http://www.unesco.org/education/nfsunesco/pdf/RIO_E.PDF (accessed: 21.01.2014).
WCED Report (1987), Report of the World Commission on Environment and Development: Our Common Future, http://www.un-documents.net/our-common-future.pdf (accessed: 21.01.2014).
Downloads
Published
How to Cite
Issue
Section
Stats
Number of views and downloads: 433
Number of citations: 0