Value Added Statement: A Part of Social Responsibility Reporting
Journal of Finance and Accounting
Volume 5, Issue 2, March 2017, Pages: 74-79
Received: Jan. 28, 2017; Accepted: Mar. 2, 2017; Published: Mar. 25, 2017
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Author
Md. Afzal Hossain, Department of Business Administration, Shanto-Mariam University of Creative Technology, Uttara, Dhaka, Bangladesh
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Abstract
In this paper I have tried to show how and to what extent, the value added Statement can supplement additional financial information to satisfy all the stateholders of the enterprise. This study sets out to determine whether sufficient evidence on the usefulness of the statement, from the perspective of the users exists. The paper examines some of the theoretical issues regarding the publication of the value added statement as a voluntary disclosure in the process of accounting communication. The social and economic motivation to use value added reporting is linked to the general process of disclosing financial information in a certain business and cultural environment. In this framework, a question arises about the possible role of the value added statement as a way of accounting communi cation in the global economy.
Keywords
Value Added Statement, Annual Reports, Voluntary Disclosures
To cite this article
Md. Afzal Hossain, Value Added Statement: A Part of Social Responsibility Reporting, Journal of Finance and Accounting. Vol. 5, No. 2, 2017, pp. 74-79. doi: 10.11648/j.jfa.20170502.11
Copyright
Copyright © 2017 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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