Development of the accounting and information space for the formation of non-financial reporting in commercial organizations

The strengthening of trends towards socially responsible business makes it necessary to combine the traditional methodological concept of accounting with the formation and development of ESG reporting. In order to achieve the qualitative characteristics of ESG reporting, it is necessary to develop a set of key principles that determine its structure, content and compilation procedure. The article explores the possibilities and ways to create this database based on financial reporting data. The considered types of reporting have an informational connection with the same basic accounting objects, but reflect their different aspects. Each type of reporting discloses their properties and relationships (direct relationships) that are essential for the purposes of the relevant reporting forms. To create an integrated accounting information system, first of all, it is necessary to determine the relationships between the data elements presented in the reporting forms and the system of synthetic/analytical balance sheet and off-balance sheet accounting accounts, as well as their relationships (feedbacks) with the corresponding reporting indicators. The analysis of the forms of financial, non-financial and managerial reporting for a socially responsible organization indicates the prospect of solving this important scientific and practical problem.