Peculiarities of Preparation of Non-financial Corporative Reporting

The Article addresses the characteristics of implementation of international standards for non-financial reporting by foreign and domestic corporations. Considered are specific aspects of organizational principles of implementation and use of non-financial reporting as the main tool of socially responsible business. It was found that the most widespread use in the world received the GRI standard - international standards on sustainable development, designed by Global Initiative on Reporting. Analysis of the structure of reporting on sustainable development led to the conclusion that the use of GRI standards in preparation of reports is more common for European companies than for American or Asian ones. Researched has been the dynamics of reporting on sustainable development by the companies that are using GRI standards in the preparation of non-financial reporting. Based on the standards of international organizations in the field of corporate social responsibility established have been the advantages of non-financial reporting for corporations. Given are the features of socially responsible business in Ukraine, as well as the factors for implementation of international standards on non-financial reporting by domestic corporations.