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Financial Reporting vs. Non-financial Reporting: Differences and Recommendations.

Authors :
Gheorghe, Cristian Florin
Source :
Acta Universitatis Danubius: Ĺ’conomica; 2020, Vol. 16 Issue 6, p381-396, 16p
Publication Year :
2020

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 longterm prioritization of business plans with benefits to the entity as well as to its outer sphere. All rights reserved. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20650175
Volume :
16
Issue :
6
Database :
Complementary Index
Journal :
Acta Universitatis Danubius: Ĺ’conomica
Publication Type :
Academic Journal
Accession number :
156726085