Fiscal Issues of Entities’ Non-Financial Reporting

Abstract

The article identifies the ways to increase the informational value of non-financial reporting data, in particular, in terms of its fiscal aspects. The author substantiated the unresolved issues of data display regarding the impact of uncertainty on the activities of business entities based on the results of the analysis of scientific publications and generally recognized international documents. It has been proven that high-quality non-financial reporting can serve as one of the tools for enterprises to attract additional financing aimed at eliminating the consequences of the impact of the COVID-19 pandemic. The article highlights the results of the analysis of non-financial reporting of state-owned enterprises to identify data on the impact of the COVID-19 pandemic on their activities and for compliance with the list of indicators of reporting on sustainable development, defined in the document “Guidelines on key indicators of reporting of enterprises on the contribution to the achievement of the Sustainable Development Goals Development”, developed by UNCTAD ISAR. The paper substantiates that one of the information sources for decision-making at the state level in terms of minimizing fiscal risks can be data obtained from non-financial reports of enterprises (management reports, reports on payments to the state). The main research methods used in the paper are bibliometric analysis; synthesis; observation.