Accounting systems in developing countries under sustainability: first glance from Ukraine and Ghana
Open Access
- 28 December 2018
- journal article
- Published by LLC CPC Business Perspectives in Accounting and Financial Control
- Vol. 2 (1), 37-46
- https://doi.org/10.21511/afc.02(1).2018.04
Abstract
The dissemination of sustainability reporting and integrated reporting is a key trend in the development of accounting systems under the influence of the concept of sustainable development. This statement is fair not only for developed countries, but also for developing countries. On the example of Ghana and Ukraine, a comparative study of regulatory requirements and conceptual frameworks for the compilation of sustainability reporting and integrated reporting has been conducted; the dynamics, size of reporting companies, their sectoral affiliation and the standards used are researched. It was proved that the basis for the promotion sustainability reporting and integrated reporting in these countries are regulatory requirements, as well as increasing the perception of CSR, the transparency and accountability of business, the practices of stakeholder participation and assurance the reliability of reporting for stakeholders.Keywords
This publication has 7 references indexed in Scilit:
- Standardization of sustainability reporting: rationale for better investment decision-makingPublic and Municipal Finance, 2017
- Transition to sustainability reporting: evidence from EU and UkraineBusiness Ethics and Leadership, 2017
- Integrated Reporting in Developing Countries: Evidence from MalawiJournal of Management Research, 2015
- The International Integrated Reporting Framework: Key Issues and Future Research OpportunitiesJournal of International Financial Management & Accounting, 2014
- Corporate and Integrated Reporting: A Functional PerspectiveSSRN Electronic Journal, 2014
- The Consequences of Mandatory Corporate Sustainability ReportingSSRN Electronic Journal, 2011
- Disclosure and corporate governance in developing countries: evidence from GhanaManagerial Auditing Journal, 2007