Analysis of problems of preparation of non-financial statements

   This article explores the role of non-financial reporting as a key tool for ensuring the transparency of corporate operations and promoting sustainable societal development. Since there are no fixed rules in Russia on the obligation of an economic entity to publish non-financial statements, and there is no single data presentation format, companies independently determine the format for preparing and submitting non-financial reports based on their own needs, which leads to disparity in reports. It examines the specifics of current non-financial reporting standards and systematizes current issues related to their preparation. Based on this analysis, the authors propose a recommended non-financial report structure designed to streamline the disclosure process and improve its quality. The empirical portion of the study includes an analysis of non-financial reports from leading Russian companies. This analysis revealed significant differences in the completeness and detail of disclosed information depending on the company's industry and specific indicators (environmental, social, and governance). The article formulates practical measures for improving existing standards, formats, and procedures for providing non-financial information to increase its accessibility, comparability, and usefulness for all interested users.

1. Shcherbachenko P.S. Non-financial reporting: current state and development prospects // Modern corporate strategies and management technologies in Russia : collection of scientific papers.Vol. 9. Моscow, 2014. Pp. 141–146.

2. Modern corporate strategies and technologies in Russia : monograph / ed. by I.Y. Belyaeva, O.V. Danilova. Moscow : Financial University, 2018. 458 p.

3. Volodin S.N. Non-financial reporting in the Russian Federation: problems and solutions // Corporate finance Management. 2015. No. 2. Pp. 104–114.

4. Non-financial information: regulation, analysis, audit / ed. by M.A. Osipov. St. Petersburg : Publishing House of St. Petersburg State University of Economics, 2021. 209 p.

5. Serebryakova T.Y. Non-financial reporting and compliance control // Accounting. Analysis. Audit. 2023. Vol. 10, No. 3. Pp. 33–44.

6. IFRS Sustainability Standards Navigator. URL: https://www.ifrs.org/issued-standards/ifrs-sustainability-standards-navigator/ (date of access: 11. 12. 2025).

7. The United Nations. The Agenda for Sustainable Development. URL: https://www.un.org/sustainabledevelopment/ru/about/development-agenda/ (date of access: 15. 10. 2025).

8. Shemyakina T.Y. Assessment of sustainable development and problems of formation of non-financial reporting in modern conditions // Insurance law. 2022. No. 2. P. 95.

9. Gusarova L.V. Non-financial reporting: problematic issues of compilation methodology // Modern economy: problems and solutions. 2024. Vol. 6. Pp. 133–147.

10. Non–financial reporting in economics: the experience of the XIX - early XXI century / M.L. Pyatov, T.N. Solovey, A.S. Sorokina, A.A. Gusnieva // Bulletin of St. Petersburg University. Economy. 2018. Vol. 34, Issue 3. Pp. 465–492.

11. Hassan A.N.O., Győri Z., Abdelrahman R.E.K. Sustainable Development Goals Disclosure Practices through Integrated Reporting: An Empirical Analysis on European Financial Institution. URL: https://www.semanticscholar.org/paper/Sustainable-Development-Goals-Disclosure-Practices-Hassan (date of access: 15. 10. 2025).

12. Khan M., Lockhart J., Bathurst R. A multi-level institutional perspective of corporate social responsibility reporting: A mixed-method study // Journal of Cleaner Production. 2020. No. 265. Р. 121739.