Popular Financial Reporting: a new information tool for local public groups

The study intends to investigate the possibility of adopting Popular Financial Reporting with a view to greater transparency, accountability and sharing of results with stakeholders, responding with this tool to requests for non-financial information. Governance and stakeholders often see a close correlation and this is what gives rise to the need for non-financial information introduced by Directive 2014/95 / EU (EU, 2014). The answer to this need for transparency towards stakeholders arises first with the corporatization of public bodies, companies and social utility bodies, then with the introduction of accounting harmonization within a rational accounting process. The research highlights the relevant aspects and approaches of Popular Financial Reporting, assessing their compliance with the needs of the company, the needs of the stakeholders and the needs of non-financial information to be considered quality after having analysed the other social reporting tools through the case study of the City of Turin.