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

Cristian Florin Gheorghe ()
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Cristian Florin Gheorghe: “Valahia” University of Targoviste

Acta Universitatis Danubius. OEconomica, 2020, issue 16(6), 381-396

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.

Keywords: financial reporting; non - financial reporting; sustainable development; sustainability; economic entity (search for similar items in EconPapers)
Date: 2020
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