UDC 657
Authors
Moderov S.,
FCCA, Ph.D. in Economics, auditor, trainer and consultant on IFRS, director of IEFRs Audit LLC
Abstract
The variety of reporting is large enough. For a number of types of reports, for example, for financial statements, uniform commonly used stand-ards have been developed and adopted, there are organizations that develop and improve these standards, there are bodies that receive and use this report-ing, there are systems and requirements for collecting and providing infor-mation. Other types of reporting are only promising and not widely used. How-ever, economic trends, risks, as well as the needs of the Company and specific users are changing, accordingly, it is advisable for the Manager to have an idea of what disclosures may be deemed appropriate in the near future.
Keywords
reporting, standards, information, economic risks.