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BALANCE IN INTEGRATED REPORTING

Liudmila Khoruzhy, Tatyana Gupalova, Valery Khoruzhiy

Abstract: The article proposes a specially designed form of balance in the formation of integrated reporting organizations on the basis of accounting data structured by strategic objectives. In the author's method of solving the organizational and methodological problem of providing a wide range of interested users with a sufficient amount of information in a concentrated form, the emphasis is on reflecting the necessary elements in the asset and liability balance sheet for strategic areas of development, commitments and interaction on projects and programs that affect the economic, environmental and social performance, capital modifications, identification of opportunities provided and protection against threats claims on the basis of a structured accounting information. We propose to form the asset balance from three sections: resources for sustainability, resources for innovative development and degradation, identified risks. Resilience resources are industrial-industrial, biological and natural-ecological resources (including buildings, structures, machinery, equipment, biological assets, land assets), intellectual and human resources, financial resources, resources in the social sphere and resources in the natural-ecological sphere. We consider it expedient to include resources for ensuring the needs of the population with products, works and services of domestic production, resources for improving the organization’s production competitiveness, resources for deep processing of raw materials, resources for improving, restoring and increasing the productivity of land and other natural resources used in agricultural production. , resources for recycling and ecosystem restoration, resources for sustainable development areas and improve living standards. Resources for degradation, we propose to allocate separately for clarity. We suggest forming liabilities from four sections: three sections on commitments and interactions (separately on economic projects and programs, on social projects and programs, on environmental projects and programs), and also on the fourth section to highlight obligations and interactions on diversification of risks. According to the values of interactions, as the semantic axes of the activity of the economic entity, this will allow to determine the direction of capital transformation and provide reporting information on projects and programs that are significant for the organization and society, affecting the economic, environmental and social performance of the organization in terms of sustainability, development (acceptance) or degradation (perception of threats) in the formation of value added. Keywords: accounting, value added, capital, strategy.

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