Taxation as a factor of change of capitals in integrated reporting

Fesenko Alina
Postgraduate student at the Department of Accounting and Taxation, State University of Trade and Economics, Kyiv, E-mail: a.v.fesenko@knute.edu.ua, ORCID ID: https://orcid.org/0000-0003-1691-3739

Cite this article:

Fesenko A. (2023) Taxation as a factor of change of capitals in integrated reporting. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Opodatkuvannia yak chynnyk zminy kapitaliv v intehrovanomu zvituvanni; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 11-12 (312-313), pp. 142-148.

Abstract

The purpose of the article is the theoretical and practical foundations of the concept of taxation as a factor of change of capitals and value of the enterprise in the short-term, medium-term and long-term perspective. In the research process, general philosophical, general scientific and special scientific methods were used, in particular: methods of induction, deduction, analysis and synthesis - to reveal the theoretical foundations of the concept of taxation, a generalization method, a systematic method - to determine financial and non-financial indicators of the impact of taxation on capitals of the enterprise, etc. During the research, the change in the essence of taxation in the conditions of sustainable development was analyzed. Taxation, as one of the indicators of sustainable development, is a factor of change of the company's capitals. The external (exogenous) and internal (endogenous) aspects of taxation as a factor of change of capitals of the enterprise were considered. In integrated reporting, it is advisable to use financial and non-financial indicators to reflect quantitative and qualitative changes of capitals of the enterprise under the impact of taxation. Indicative financial and non-financial indicators of the impact of taxation on the capital of the enterprise were determined. The practical significance lies in the use of the obtained research results when disclosing information about taxes in integrated reporting.

Keywords

taxes, taxation, integrated reporting, integrated report, sustainable development, corporate reporting, capitals of enterprise.

JEL classification: M400; M410; DOI: https://doi.org/10.32680/2409-9260-2023-11-12-312-313-142-148

UD classification: 657.37

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