Abstract :
[en] Until recently, legislation was almost exclusively dealing with the publication of financial statements and management reports, while publication of non-financial statements was mostly on a voluntary basis. The protection of investors and other stakeholders was achieved through financial and management reports, but it became clear that they were not sufficient to respond to the information requests of interested parties. Non-financial disclosure becomes a matter of particular interest after the adoption of the Non-financial Reporting Directive, which provides for the obligation to publish reports for large companies that are public interest entities, parent companies of large groups, in both cases with over 500 employees. This paper deals with the analysis of the legal sources, personal scope, material scope and purpose of non-financial disclosure. Having in mind aspirations of the Republic of Serbia to join the EU, obligations undertaken by signing the Stabilization and Association Agreement, and especially the increasing importance of disclosing the non-financial indicators, the paper also considers the harmonization of Serbian law with EU law.
