ISSUES OF MANAGEMENT REPORTING ON SOCIAL RESPONSIBILITY OF BUSINESS

Abstract

The progressive business community currently responsible for environmental protection and sustainable development of society. In this sense, there is a need for accounting to present reports related to sustainable development and thereby public awareness of the social responsibility undertaken by organizations. International standards of the IFRS-S series, which are currently in force, present such requirements to the financial accountability of organizations, but social responsibility is perhaps left out of the scope of managerial accounting.

The article proposes a methodology for managerial accounting of the results of social responsibility of organizations, which comes to complement the requirements of IFRS-S international accounting standards.