Accounting record-keeping when preparing integrated reporting in agricultural organizations: Some considerations

Abstract

Subject. This article discusses the issues of support and approaches to the preparation of integrated reporting of agricultural organizations. Objectives. The article aims to develop accounting support for the preparation of integrated reporting of an agricultural organization, which helps verify financial and non-financial indicators. Methods. For the study, we used analysis and synthesis, observation, comparison, and ad hoc accounting methods, using accounting data of agricultural organizations of the Stavropol Krai as a case study. Results. The article presents an author-developed two-level model of the integrated reporting information base based on the development of analytical capabilities of accounts and compilation of registers. The identification of data in accounting and production systems to reflect the financial and non-financial indicators of integrated reporting is a distinctive feature of this model. This helps streamline the compilation procedure and verify the integrated reporting. Conclusions. The widespread practice of using integrated reporting in various fields of activity is justified by reducing the risks and uncertainty of financial and business activities through providing timely and complete information. For the effective use of integrated reporting, it is necessary to develop a full-fledged system of accounting, analytical, and control support.