In many developed countries integrated reporting currently acts as an indicator of the value and success of the company’s development in different types of markets. This type of reporting is designed to form a business model, improve management effectiveness and give the most objective assessment of the company’s risks and opportunities. In integrated reports particular attention is given to the presentation of performance results for production and financial indicators. Nevertheless, most Russian companies due to the small scale of their activities and weak competencies in the sphere of accounting are not ready to provide information in this format at the moment. The most prepared industry for the formation of integrated reports is the energy sector, related to natural monopolies. Accordingly, the authors carry out a comparative analysis of methods of information coverage on the main elements of integrated reporting in order to identify the potential opportunities of companies that develop reports on the principles of international financial reporting standards (IFRS) or the Russian standards of the Generally Accepted Accounting Practices (GAAP).
integrated reporting, consolidated report, business model, organization’s external environment, IFRS, financial accounting
