Impact of the latest financial reporting standards on the investment attractiveness of public companies

Abstract

The relevance of the study is обусловлена the increasing requirements of investors for transparency, comparability, and analytical usefulness of financial reporting in the context of capital market globalization and the transformation of reporting standards. Changes in approaches to the structuring and disclosure of information necessitate a reconsideration of the role of financial reporting as a tool for shaping investment decisions and assessing the attractiveness of public companies. The purpose of the study is to identify and theoretically substantiate the impact of modern approaches to financial reporting presentation on the investment attractiveness of public companies, as well as to outline directions for its enhancement under increasing requirements for transparency and informational relevance of reporting data. Methods. The study applies general scientific and special research methods, including analysis and synthesis to generalize theoretical approaches, systematization to structure the characteristics of financial reporting, comparative analysis to assess changes in reporting standards, and logical generalization to develop practical recommendations. Results. The research establishes that the investment attractiveness of public companies is determined not only by financial indicators but also by the quality, consistency, and explanatory capacity of financial reporting. It is identified that recent standards transform the logic of investment analysis by ensuring a shift from the evaluation of individual indicators to the analysis of their economic substance, stability, and relationship with risks. It is proven that increased transparency and expanded disclosures contribute to reducing information uncertainty and enhancing investor confidence. At the same time, key implementation challenges are identified, including the uncertainty of professional judgment, difficulties in adapting accounting practices, limitations of information systems, and the risk of information overload. Conclusions. The study substantiates the need to improve approaches to financial reporting through better structuring of financial results, enhancement of explanatory disclosures, and integration of financial and non-financial aspects of performance.

Prospects for further research are associated with the development of methodological approaches to the quantitative assessment of financial reporting quality, the advancement of integrated analytical models, and the study of the impact of digitalization on the reliability and comparability of reporting data.