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Financial reporting is standardized, mandatory and regulated by numerous regulations, and financial statements in the prescribed form must be published by all companies. Reporting on non-financial information has not yet been harmonized. It is still voluntary in a large extent and it depends on the willingness of management. The interests of different users of financial statements about non-financial information of companies are increasing. For the purpose of making investment and other business decisions, investors require more information about the company, employees, relations and environmental sustainability and responsible sourcing. These requirements of investors are forcing managers to publish additional non-financial information about the company. The annual report is the most important source for the publication of non-financial information. The consistency and transparency in disclosure of …