Reporting Responsibility

Views Updated: Dec 15, 2025

Abbreviation

Pronunciation

/rɪˈpɔrtɪŋ riˌspɑnsəˈbɪləti/

The traditional income report model based on historical cost, matching principle and conservatism principle is adapted to the economic environment of industrial age and the goal of reporting entrusted responsibility.
Reporting truth is the responsibility of the mass media, while running after violence is the essence of them.
In order to understand issues such as reporting relationships, authority, responsibility, and the like, we need to begin with the vertical dimension of a firm's structure.
Finally, the paper ponders further on improving China's Internet business reporting, definition of company responsibility of IBR and how to regulate IBR, and offer some advices.
Based on this notional continuum advanced, mandatory reporting and promulgation of corporate social responsibility and stakeholder value creation are also addressed.

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