Financial Reporting vs. Non-financial
Reporting: Differences and Recommendations
Financial Reporting vs. Non-financial
Reporting: Differences and Recommendations
Author(s): Cristian Florin GheorgheSubject(s): Financial Markets
Published by: Editura Universitară Danubius
Keywords: financial reporting; non - financial reporting; sustainable development; sustainability; economic entity;
Summary/Abstract: International investors are now increasingly demanding the presentation of financial and non-financial information in order to understand how much the entity's performance can be affected by the way it handles environmental issues, human resources, anti-corruption, the relationship with the community as well as to understand the possible risks associated with the activity of an entity, risks that could be faced, precisely by detailing the non-financial information to be interpreted together with the financial one. It is increasingly imperative to draw up a framework report on nonfinancial reporting that links financial and non-financial performance, with the possibility of long termprioritization of business plans with benefits to the entity as well as to its outer sphere. All rights reserved.
Journal: Acta Universitatis Danubius. Œconomica
- Issue Year: 16/2020
- Issue No: 6
- Page Range: 381-396
- Page Count: 16
- Language: English