Sustainability in Accounting
Abstract
In nowadays, the sustainable development is playing a fundamental role in our society, and the perception of sustainable development has been well perceived. In an accounting context, the sustainability reporting has evolved into a kind of tool for an organization to show and present its Corporation Social Responsibility. Moreover, it is also the expectation for the business organization to operate in a sustainable way. In the recent researches, there are sufficient evidences show how important the sustainable development to the community? How the conventional accounting evolve into two breeds of accounting, which are social accounting and environment accounting. The limitation of sustainability reporting has been discussed in various academic researches. Introduction
In nowadays, Sustainable development is the mainstream process in modern business operation. Most of the industries are realized the business operations can no longer emphasis on short or medium term development. It should be planned and organized well under a long term strategic planning, to achieve a long term existence in communities; it also can be referred to corporation social responsibility. Despite the various definition of what is sustainability, there is a general acceptance on what is sustainability. As World Commission on Environment and Development indicate that, the sustainable development is the developments that meet the current needs of the human development, but without compromising the ability of future generations to meet their own needs.(WCED,1987). However, this is also rise a question; is Sustainable development is the matter for accountant?
In order to reach the conclusion of that question, this essay wills analysis sustainable development under accounting context; to explain the role for accountants to carry out the sustainable development and why sustainable development is important; how the sustainable development related to those accounting theories,
In nowadays, the sustainable development is playing a fundamental role in our society, and the perception of sustainable development has been well perceived. In an accounting context, the sustainability reporting has evolved into a kind of tool for an organization to show and present its Corporation Social Responsibility. Moreover, it is also the expectation for the business organization to operate in a sustainable way. In the recent researches, there are sufficient evidences show how important the sustainable development to the community? How the conventional accounting evolve into two breeds of accounting, which are social accounting and environment accounting. The limitation of sustainability reporting has been discussed in various academic researches. Introduction
In nowadays, Sustainable development is the mainstream process in modern business operation. Most of the industries are realized the business operations can no longer emphasis on short or medium term development. It should be planned and organized well under a long term strategic planning, to achieve a long term existence in communities; it also can be referred to corporation social responsibility. Despite the various definition of what is sustainability, there is a general acceptance on what is sustainability. As World Commission on Environment and Development indicate that, the sustainable development is the developments that meet the current needs of the human development, but without compromising the ability of future generations to meet their own needs.(WCED,1987). However, this is also rise a question; is Sustainable development is the matter for accountant?
In order to reach the conclusion of that question, this essay wills analysis sustainable development under accounting context; to explain the role for accountants to carry out the sustainable development and why sustainable development is important; how the sustainable development related to those accounting theories,