Management Report as a Component of Nonfinancial Reporting in Ukraine: Theory and Practice of Drafting

The article covers the issue of compiling Management Report. need to implement a management report in Ukraine is caused by processes implementation European Union legislation on accounting national regulatory framework. purpose this complement annual financial statements with necessary information, which should contain reliable overview development, activities and condition, as well description main risks uncertainties work an enterprise. This paper reviews legislative framework for preparation publication Report analyzes Reports domestic enterprises compliance requirements quality these indicators. It has been defined that lack common normatively approved qualitative issues it are significant problems. format, scope, structure accuracy information determined at discretion contained performance measures significantly differ from each other not always given comparison similar previous periods. Such presentation data causes poor uninformative reports. results study prove be based following principles: reliability completeness, materiality, conciseness, integrity comprehensibility; comparability apply risk-oriented approach adhere logic presenting elements its visualization preparation. Directives 2013/34 / EU 2014/95 EU, Law On Accounting Financial Reporting Ukraine, Methodological recommendations report, empirical obtained analysis reports Ukrainian enterprises.