Kurumsal ve Finansal Raporlamanın Geleceği Üzerine Değerlendirmeler

Abstract

The most important tool that businesses use in communicating with their stakeholders is corporate reports. Also, corporate reports are the final output of the corporate reporting process. It includes the results of the past operating activities of the business and its predictions for the future. Among corporate reports, financial reports have the longest history and the most common use. Various changes in corporate and financial reporting as a result of changes in markets, operating structures, stakeholder demands, and technology are the subject of this study. The future of corporate and financial reporting is another issue discussed in the study. Increased interest in non-financial information, the increasing importance of intangible assets, sustainability, and digitalization are results of these changes. As a result of these, different types of corporate reports have emerged. Also, it was necessary for this study to document various changes in financial reports. Change and development regarding corporate and financial reporting will continue in various frameworks in the future. However, the Covid-19 pandemic, which has created great uncertainty and has impacted every field, has shown its effect on corporate and financial reports in the form of further disclosure. Also, due to the economic impact of the pandemic, it is observed that business stakeholders have attached more importance to financial reports compared to other corporate reports in this period. Extended Abstract Businesses present the results of their operating activities and their future targets to their stakeholders through various tools. This communication between businesses and their stakeholders is mostly provided by corporate reports. Corporate reports, which are an output of the corporate reporting process, are presented in more than one form today (financial report-independent audit report-, annual report, corporate governance compliance report, sustainability report, integrated report). Among these reports, financial reports are the type of corporate report with the longest history and the most common use. Financial reports have the longest history and the most common usage among these reports. Financial reports are the presentations of the financial statements created by the companies at the end of the financial reporting process. This presentation is generally provided by an independent audit report today. Financial statements, which are shown in detail in the independent audit report and are an output of the financial reporting process, are also shown in the annual reports of the companies in a summary manner. Also, companies almost do not use the term “financial report” when presenting these reports. As a result, the presentation of the financial statements that form the basis of the financial report is presented to the business stakeholders at the end of the financial reporting process under the name of “independent audit report” or “annual report”. Apart from the report, financial statements and their data are presented under headings such as investor presentations and summary financial data on the websites of companies.