CAPITALIZATION MODEL OF CAPITAL RESOURCES IN INTEGRATED REPORTING.

The article discusses the problem of the conformity of modern accounting statements to the information needs of a wide range of stakeholders in real and reliable assessment of business value based on the reflection in the integrated reporting of the capitalized cost of stocks of various types of capital (financial, industrial, human, client, etc.). For this, it will be necessary to substantially clarify the current balance sheet model of accounting with a business accounting model that allows capitalizing the stocks of the cost of various types of capital, considered as assets that ultimately form a business valuation. As a result, the creation of this balance model reflecting the capitalized cost of capital stocks will allow us to exclude unusual costs (for example, transaction costs) from the cost of manufactured products and, thereby, increase financial results. The proposed business accounting model complies with the International Concept of Integrated Reporting and enables the accounting reflection of the processes of redistributing profits to the formation of the necessary stock of capital costs, ensuring sustainable business development. The main objective of the business accounting model and integrated report is to improve the quality of information necessary for financial capital providers in order to make decisions on the most efficient and productive distribution of funds. For its part, the accounting community can help achieve this goal (at no additional cost) by capitalizing costs rather than including them in cost, while forming, for example, client capital or human capital, which will undoubtedly affect the increase in valuation of business and, accordingly, will lead to higher profits. At the same time, the authors of the article designate the business accounting model as an information system for the continuous improvement of business value creation processes, based on informational support on forecasts and actual value reserves of various types of capital, providing real support for value creation processes in the short, medium and long term. This approach in business accounting should be based on the development of certain principles in the preparation of an integrated report, providing a balance between the variety of circumstances in which the organization operates and the strict requirements defined by IFRS. [ABSTRACT FROM AUTHOR]