The role of integrated reporting in improving the financial efficiency of the public sector
Year: 2025
Type: article
Abstract: The development of clear and relevant reporting is essential for business entities as it provides stakeholders with the necessary information, and this study focuses on reporting in the public sector. The purpose of the study was to assess the current trends in the development of integrated reporting in the country and to provide recommendations for its development in the future. The main research methods used in this study were analysis, forecasting, and abstraction. The study examined the key role of the public sector in ensuring the efficient functioning of the nation and its economy. Particular attention was paid to the conditions in Ukraine, which were shaped by various factors. It was shown that ensuring transparency of the country’s entities is very important in connection with the need to overcome corruption and receive assistance from international partners. Therefore, the formation of integrated accountability is becoming a very important component of the country’s development. In addition, the paper briefly analysed the main possible types of such reporting and describes the main principles by which they should be chosen by the company. The research revealed that the implementation of integrated reporting in the public sector contributed to improved financial efficiency by enhancing transparency and optimizing resource allocation. Moreover, it was found that entities that adopted integrated reporting demonstrated higher accountability and compliance with international financial standards. Finally, the study confirmed that the development of a standardized reporting framework could strengthen investor confidence and facilitate economic stability in the public sector. Thus, this study allows for a better understanding of the peculiarities of the development of the Ukrainian public sector in general, and in particular, assessing the realities of creating integrated reporting for entities in this sector within the country
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4410039471