Basic provisions on the information component of the corporate social responsibility system

Abstract

Purpose: identification the functional purpose, the composition of the information element of corporate social responsibility, the reasons for expanding the practice of forming social reporting and to substantiate the trends of its development. Discussion: the rationale for the development of social reporting is based on the assessment of the functional purpose, the content of the information element of corporate social responsibility, the analysis of practices and problems of the formation of social reporting. Results: we presented the author's position on social accounting and its final stage – social reporting. We proved the strengthening of the importance of the functions of social reporting on the basis of research on the composition and characteristics of the information needs of various interested users. The author identified two groups of interested users: permanent and probabilistic, and their comparative characteristics are given according to the proposed characteristics of the comparison. We generalized features of social reporting, characterized by the provisions of strategic accounting, and disclosed its provisions that determine the positive and negative impact on them. The author identified the composition of the information element of the system of corporate social responsibility based on the proposed features. Trends in the development of social reporting based on the author's position on the reasons for expanding the practice of its formation are justified.