Recent trends in corporate reporting covers many topics including intangible assets reporting, triple bottom line reporting, human resource accounting, forensic accounting, and corporate social responsibility. The key topics discussed are: - Intangible assets now constitute 75-90% of company value so accurate reporting is important under IFRS standards. - Triple bottom line reporting requires companies to report on their environmental and social impacts, not just financial performance, to promote sustainability. - Human resource accounting aims to identify and measure human capital to provide feedback to managers and support employee morale and loyalty. - Forensic accounting integrates accounting, auditing, and investigation skills for dispute resolution in courts or to detect internal issues not found through

1. Recent trends
in corporate
reporting
Presented by:
Aarti
3111
m.com 4th
sem

2. Introduction
Need
Aspectsof corporatereporting
reporting of intangibles
TLB reporting
corporateenvironment reporting
HRA
CSR
forensic accounting

3. • In olden days, businessor tradewascarried out in asmall
scale. theactivitiesthen wereconfined or restricted to local
areas.
However yearspassed by, tradeand commercehave
crossed thelocal frontiersand theglobalization hasturned
thewholeworld into asmall village.
Thevolumeof traderequired thepooling of
resourcesviz. capital which havealternateuse.so retaining
thetrust and sustaining theshareholderstrust isan entity in
acritical phasein acorporateworld.

4. Day to day control
Answerability medium
Responsibility statements
Compulsory disclosure

6. “an intangibleasset isan identifiablenon-monetary
asset, without physical substance, held for usein the
production of supply of goodsor servicesfor rental
to othersor for administrativepurposes, which can
generatefutureearningsof benefits”

7. • Intangibleassetsvaluemanagement ismandatory as
per IFRS3 march 2004.
• intangibleassetsconstitute75% to 90% of total
assets. So thecompany’sworth isrepresented by
intangibleassetsrather then physical and financial
assets.
• E.g. computer software, patents, copyrights,
marketing rights.

8. Tripple bottom line

9. Intoduction of TBL
• To cope up with the situation of global
warming and to induce the corporations to
preserve the environment by reporting not
only financial and social practices but also
their environment friendly practices.

10. History of TBL
• JOHN ELKINGTON coined theterm triplebottom line
in 1977. heused theterm to mean “an expanded lineto
measuring performance” instead of theusual financial
bottom line,hetalked of thesocial, environmental and
economic bottom line.

11. What isTBL?

12. Featuresof TBL
• Accepting accountability
• Being transparent
• Integrated planning and operations
• Committed to stakeholdersengagement
• Multidimensional measurement and
reporting.

13. Human resourceaccounting

14. American accounting association
committeedefinesHRA as
• “Theprocessof identifying and measuring about
human resourcesand communicatetheinformation
of to interested parties.”
• OBJECTIVES
to providefeedback to managers.
to plan manpower.
to boost moraleand loyalty of employees

15. Forensic accounting

16. meaning
• Forensic accounting means, belonging to, used in or
suitableto courtsof judicatureor to public discussion,
debateand ultimately disputeresolution.
• In widesenseit can besaid astheintegration of
accounting, auditing and investigativeskillsto obtain a
particular result.

17. Reasonsfor thegrowth of forensic
accounting.
• Problem of Internal audit management
• Rotation of statutory auditors.
• Thecertificatesof theauditorsarehardly
scrutinized carefully, especially when thereports
and unclean and qualified.
• Internal auditorscan surely detect what was
happening but they arehardly in aposition to
initiateproper action in proper time.

18. CASE STUDY OF FA

19. Corporatesocial responsibility

20. Corporateenvironmental reporting in
India

21. IT INCLUDES.....
• “every company shall, in thereport of itsboard
of directors, disclosed briefly theparticularsof
stepstaken or proposed to betaken towards
adoption of clean technolofiesfor prevention of
pollution, wasteminimisation , wastereclycling
and utilisation etc

22. IMPORTANCE OF ER
Towardsemployees
Towardsconsumers
Towardsgovt
Towardsowners