The integrated reporting system: a new accountability enhancement tool for public sector entities
Author:
Tudor OPRIŞOR, Adriana TIRON-TUDOR, Cristina Silvia NISTOR
JEL:
M41
DOI:
10.20869/AUDITF/2016/139/747
Keywords:
Integrated reporting, public sector,
accountability, integrated thinking.
Abstract:
In the recent years, integrated reporting has made
progress towards becoming an efficient communication
instrument that would bring an active contribution to the
financial stability and sustainability of the economic
environment. This paper employs mainly a documentary
research approach and aims to track one of the main
prerequisites leading towards new trends in public sector
reporting – the concept of “public accountability”, and
pinpoint the existing evidence which supports the
perspective of adopting an integrated reporting system
for public entities. Also, the authors emphasize the
reaction from practitioners to the idea of “integrated
reporting for the public sector” and analyse the frontrunning
application of hybrid forms of reporting (e.g. City
of Warsaw Integrated Sustainability Report), as well as
the profile of the “Integrated Reporting – Public Sector
Pioneer Network.”. Findings show that integrated
reporting is gaining momentum towards application in
the case of public sector entities, but advancements are
rather slow. Due to the scarcity of data from reporting
practice regarding integrated reports in the public sector
(as the Pioneer Network is currently under
development), which makes it difficult to construct an
empirical study with actual evidence, the authors use
extrapolation and knowledge transference from existing
proof of hybrid forms of reporting.
Abstract(114KB)
Article(499KB)