The implementation of extended business environmental liability is an essential condition for sustainable development of the Russian economy, including in retail. Retailers' interest in environmental issues is related both to the enhancement of public control and to the possibility of acquiring additional competitive advantages and economic benefits. Effective environmental management aimed at achieving benefits and advantages involves disclosing of environmental information to the public. The present study focuses on environmental disclosure in the annual reports of the largest Russian retail companies. The authors conducted a content analysis of the approved annual reports for 2016 of six largest Russian retailers in terms of revenue. The article presents the results of data analysis on environmental liability in the annual reports of the largest Russian retailers; reveals the key ecological aspects of the largest Russian retailers, described in their annual reports; presents the environmental rating of the largest Russian retailers based on environmental data contained in the annual reports. The results can be used by retailers when addressing the environmental aspects of their business activity; they can also be used in further research on the topic.
Audit, which over 150 years has demonstrated high potential as an instrument for shareholders and other users to provide reliable financial reporting, at the beginning of the 21st century faces new challenges. These challenges include increased fraudulent misstatement of the financial statements. In article the extent of objectively existing restrictions and the ability to use audit in changed conditions for confront the negative trends are examined. It is noted that there is deepened contradictions between the increased requirements for auditor responsibility for not detecting fraud and decrease of the role of moral-ethical foundations of audit activities. Palliative care is offered for this contradiction by an auditor in respect of fraudulent distortion reporting views in negative form with an average level of confidence, as the relevant collected evidence.Defined the future direction of the transformation of the audit in the conditions of development and implementation in business practice of digital technology.
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