Technologies of Corporate Social Responsibility in Accounting and Statistics
T.M. Vorozheykina1, N.K. Muravitskaya2, G.I. Lukyanenko3, O.V. Antonova4, E.E. Lyalkova5, M.M. Basova6
1T.M. Vorozheykina, Department of the Accounting, Analysis and Audit, Financial University Under the Government of the Russian Federation, Moscow, Russia.
2N.K. Muravitskaya, Department of the Accounting, Analysis and Audit, Financial University Under the Government of the Russian Federation, Moscow, Russia.
3G.I. Lukyanenko, Department of the Accounting, Analysis and Audit, Financial University Under the Government of the Russian Federation, Moscow, Russia.
4O.V. Antonova, Department of the Accounting, Analysis and Audit, Financial University Under the Government of the Russian Federation, Moscow, Russia.
5E.E. Lyalkova, Department of the Accounting, Analysis and Audit, Financial University Under the Government of the Russian Federation, Moscow, Russia.
6M.M. Basova, Department of the Accounting, Analysis and Audit, Financial University Under the Government of the Russian Federation, Moscow, Russia.
Manuscript received on 04 March 2019 | Revised Manuscript received on 09 March 2019 | Manuscript published on 30 July 2019 | PP: 3871-3876 | Volume-8 Issue-2, July 2019 | Retrieval Number: B3075078219/19©BEIESP | DOI: 10.35940/ijrte.B3075.078219
Open Access | Ethics and Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This article describes the insights of the future evolution of financial accounting in the context of the digital economy, and the strategy for introducing corporate social responsibility into financial accounting and reports. The requirement for introducing corporate social responsibility is explained primarily by the companies’ growing awareness of their obligations to society. Companies in the modern world tend to do business with due account of the current social tasks and issues. Those businesses that do consider the implications of their operations make corporate social responsibility their strategic priority. The pioneers in corporate social responsibility, who were the first to speak openly on the topic, were Mr. G. Swope, President of General Electric, and Mr. W. Gifford, President of American Telephone and Telegraph Company. The idea of the social responsibility of business has spread all over the world and was adopted by many companies, resulting in the emergence of the concept of corporate social responsibility. Today, business is a valid corporate citizen exercising its influence on the social, economic and political environment. As such, it may not allow itself to neglect the social background of its activities since it may result in the deterioration of its public image and the way it is perceived by its consumers and investors.
Index Terms: Concept of Social Responsibility, Digital Economy, Synergistic Approach, Evolution of Accounting Methods and Procedures, Standardization.
Scope of the Article: Social Sciences