Financial and ESG Reporting in Times of Uncertainty

• Autorzy: Beata Zyznarska-Dworczak

Warianty tytułu

Sprawozdawczość finansowa i sprawozdawczość ESG w czasach niepewności

• Języki publikacji: EN

Abstrakty

EN

Purpose: The paper aims to explore how financial and ESG reporting have changed under the influence of rising economic and business uncertainty and how these changes may influence corporate accountability.<br> Methodology/approach: The main research method is the extensive literature review. For inference, the methods of analysis and synthesis are used.<br< Findings: The paper is based on positive and normative approaches. The positive approach reveals the key corporate reporting changes in times of uncertainty, analyzed in the light of the legitimacy theory and stakeholder theory. The paper indicates how different levels of uncertainty (economic policy uncertainty, business uncertainty, accounting uncertainty, audit uncertainty, uncertainty in ESG performance, and ESG assurance) can influence corporate reports and thus cause a significant change in corporate accountability. The proposed normative approach assumes that corporate reporting will become more accountability-based, depicting the uncertainties at their different levels, which should be supported by reporting companies, controllers, and regulators.<br> Originality/value: Since limited studies exist that focus on corporate reporting in times of uncertainty, the paper fills the gap. The paper contributes to the understanding of the significance of uncertainty in corporate reporting and its influence on accountability, thus offering findings that are potentially useful for both theory and practice. (original abstract)

Cel: Artykuł ma na celu zbadanie, jak sprawozdawczość finansowa i sprawozdawczość ESG zmieniły się pod wpływem rosnącej niepewności ekonomicznej i biznesowej oraz jak te zmiany mogą wpływać na proces rozliczalności organizacji.
Metodyka/podejście badawcze: Główną metodą badawczą jest obszerny przegląd literatury. W artykule zastosowano metody analizy i syntezy.
Wyniki: Artykuł jest oparty na pozytywnym i normatywnym podejściu. W ujęciu pozytywnym w artykule zostały ukazane kluczowe zmiany w sprawozdawczości przedsiębiorstw w czasach niepewności, analizowane w świetle teorii legitymizacji i teorii interesariuszy. Wskazano, w jaki sposób różne poziomy niepewności (niepewność polityki gospodarczej, niepewność biznesowa, niepewność księgowa, niepewność wyników ESG i niepewność atestacji wyników ESG) mogą wpływać na raportowanie korporacyjne, a przez to na proces rozliczalności organizacji. Proponowane podejście normatywne do raportowania zakłada, że sprawozdawczość przedsiębiorstw ma przekształcić się w model bardziej oparty na rozliczalności, obrazujący niepewności na ich różnych poziomach, co powinno być wspierane przez organizacje raportujące, kontrolerów i regulatorów.
Oryginalność/wartość: Z uwagi na brak wyczerpujących badań w przyjętym obszarze badawczym artykuł uzupełnia tę lukę. Artykuł przyczynia się do zrozumienia znaczenia niepewności w sprawozdawczości przedsiębiorstw i jej wpływu na rozliczalność organizacji, oferując tym samym wnioski, które mogą być potencjalnie przydatne zarówno dla teorii, jak i praktyki. (abstrakt oryginalny)

Słowa kluczowe

EN

Accounting; Financial reporting; Reporting in enterprises; Uncertainty; COVID-19; Inflation; Armed conflicts

PL

Rachunkowość; Sprawozdawczość finansowa; Sprawozdawczość w przedsiębiorstwie; Niepewność; COVID-19; Inflacja; Konflikty zbrojne

• Czasopismo: Zeszyty Teoretyczne Rachunkowości
• Rocznik: 2022
• Tom: 46
• Numer: nr 4
• Strony: 161--180

Twórcy

autor

Beata Zyznarska-Dworczak

• Poznań University of Economics and Business

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Identyfikatory

DOI

10.5604/01.3001.0016.1307