IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/21437_12.html
   My bibliography  Save this book chapter

The use of non-financial information in financial reporting

In: Research Handbook on Financial Accounting

Author

Listed:
  • Jordi Martí Pidelaserra

Abstract

Non-financial information is absolutely necessary to be able to assess profitability and risk from a financial perspective. The transformation from non-financial accounting to sustainability accounting reinforces the idea that institutions should be managed with objectives of greater height than simple profit maximization. This chapter presents the fundamental variables for this new business management. A new integrative management of the SDGs, empathetic with stakeholders and responsible with shareholders is possible with the extended balance sheet, a consolidation of four balance sheets. The first balance sheet is the financial one according to IFRS, the second balance sheet would show environmental assets and liabilities, the third shows the investments and social obligations and the fourth would show the assets and liabilities of governance.

Suggested Citation

  • Jordi Martí Pidelaserra, 2024. "The use of non-financial information in financial reporting," Chapters, in: Luz Parrondo & Oriol Amat (ed.), Research Handbook on Financial Accounting, chapter 12, pages 214-232, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:21437_12
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/doi/10.4337/9781803920597.00022
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:21437_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.