Summiries

Running Head: BUSINESS

Sustainability Accounting And Reporting: An Overview, Contemporary Developments And Research Possibilities

[Name of the Writer]

[Name of the Institution]

Sustainability accounting is one of the major concepts that has been discussed when it comes to the way sustainability concerns of the business are discussed. The basic premise of this chapter is that how the focus has to be there when it comes to the accounting and financial reporting and how it connects to the accounting practices. The chapter goes into the detail regarding the internal sustainability management practices that are needed to be carried out by the organization. The other thing that has been discussed in the chapter is that how the concept of the sustainability accounting is supposed to have parallels in terms of the way accounting processes are supposed to be carried out and how the issues pertaining to financial management are pertinent. The articles go into the great detail when talking about how the sustainability issues are much broader in their nature and what are some of the challenges that are faced during the whole process where sustainability considerations are needed to be there in the accounting process.

The chapter goes to the great lengths when it comes to making sure that the modern developments with regards to the sustainability accounting are being discussed and how there are some other dimensions of the given subject that are needed to be discussed at the broader level. Especially when it comes to the way carbon accounting is being done. It goes to show that how the concepts of the business have changed with the passage of time and how they have to make sure that they keep in mind due consideration when the interests of the broader stakeholders are needed to be taken care off. The article goes to the great length when discussing some of the major issues that are discussed during the course of the carbon accounting such as the way accounting and carbon management are related, what are some of the key considerations with regards to the way sustainability management is supposed to be carried out. The idea that is being talked about during the course of this article is that how important it is for all the stakeholders to make sure that they are keeping in mind the sustainability practices that are needed to be considered at the given point of time and how the business process should be embedded in the manner that the due consideration is needed to be given to the business sustainability and carbon accounting.

References

Lodhia, S., 2013. Sustainability accounting and reporting: An overview, contemporary developments and research possibilities (Doctoral dissertation, Edward Elgar).