Modern paradigm of non-financial management reporting in the Russian Federation

The interaction of business with the surrounding world has initiated significant changes in the order of disclosure of external reports. An important aspect has become the reflection of information on social and environmental policy, corporate management culture, and interaction with personnel. Separate aspects of the reports are devoted to information on corruption issues and anti-corruption measures. The article formulates the definition of management reporting, considered in both narrow and broad contexts. Based on the study of the essential characteristic of non-financial management reporting, the author’s definition based on the integration of elements of management and public non-financial reporting is formulated. The conclusion of this article is that management reporting combines interrelated data of both financial and non-financial nature, which are used by users to make informed management decisions. The article describes the composition of non-financial management reporting, including reports of managerial and non-financial type. The range of users of non-financial management reporting of a commercial organisation is given.