The Development of Corporate Reporting over Time: From a Traditional System to an Integrated System

Author:Teodora Viorica FĂRCAŞ, PhD

JEL:M41

DOI:

Keywords:corporate reporting, corporate governance, financial reporting

Abstract:
This article intends to present the evolution of corporate reporting, i.e. financial and non-financial reporting, starting with the first voluntary reporting from the beginning of the 20th century in United States and until nowadays when we have conceptual frameworks and international organizations for regulation. The entire study is based on the review of the literature. The article offers a view of the evolution of corporate reporting from the perspective of the permanent change of users’ needs over the years. The main objective of the paper is to emphasize how was made the passage from traditional reporting to the current trend of integrated reporting and it also presents the actual stage of IR.\r\n

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