{domain:"www.qualitydigest.com",server:"169.47.211.87"} Skip to main content

User account menu
Main navigation
  • Topics
    • Customer Care
    • FDA Compliance
    • Healthcare
    • Innovation
    • Lean
    • Management
    • Metrology
    • Operations
    • Risk Management
    • Six Sigma
    • Standards
    • Statistics
    • Supply Chain
    • Sustainability
    • Training
  • Videos/Webinars
    • All videos
    • Product Demos
    • Webinars
  • Advertise
    • Advertise
    • Submit B2B Press Release
    • Write for us
  • Metrology Hub
  • Training
  • Subscribe
  • Log in
Mobile Menu
  • Home
  • Topics
    • 3D Metrology-CMSC
    • Customer Care
    • FDA Compliance
    • Healthcare
    • Innovation
    • Lean
    • Management
    • Metrology
    • Operations
    • Risk Management
    • Six Sigma
    • Standards
    • Statistics
    • Supply Chain
    • Sustainability
    • Training
  • Login / Subscribe
  • More...
    • All Features
    • All News
    • All Videos
    • Contact
    • Training

Accounting for Sustainability

Can accountants and auditors become agents for social change and sustainable businesses?

Sustainability is where finances and ESG converge. Photo by Towfiqu barbhuiya on Unsplash

Luk Van Wassenhove
Mon, 07/15/2024 - 12:02
  • Comment
  • RSS

Social Sharing block

  • Print
Body

In today’s business environment, where the insatiable desire to grow profits overshadows environmental and social interests, it’s easy to overlook how the actions of economic actors can shape corporate—and environmental—outcomes.   

ADVERTISEMENT

In the accounting profession, practitioners exercise skepticism and critical thinking to get their jobs done daily. But without recognizing the true power of reporting, not many have questioned the fundamentals of financial accounting or challenged accounting assumptions with the same degree of skepticism and grit.

As it stands, accounting standards relate mostly to large, publicly listed corporations rather than different economic agents. This can probably be explained by the predominance of capitalist economic structures in the United Kingdom and the United States (the origins of the “Big Four” accounting firms). Only when we recognize that power and conflict exist in society can we go about finding ways to better reflect differing interests and concerns.

 …

Want to continue?
Log in or create a FREE account.
Enter your username or email address
Enter the password that accompanies your username.
By logging in you agree to receive communication from Quality Digest. Privacy Policy.
Create a FREE account
Forgot My Password

Add new comment

Image CAPTCHA
Enter the characters shown in the image.
Please login to comment.
      

© 2025 Quality Digest. Copyright on content held by Quality Digest or by individual authors. Contact Quality Digest for reprint information.
“Quality Digest" is a trademark owned by Quality Circle Institute Inc.

footer
  • Home
  • Print QD: 1995-2008
  • Print QD: 2008-2009
  • Videos
  • Privacy Policy
  • Write for us
footer second menu
  • Subscribe to Quality Digest
  • About Us
  • Contact Us