Sustainability Accounting, Management Control and Reporting: A European Perspective

Sustainability Accounting, Management Control, and Reporting: A European Perspective explores innovative performance measurement tools and approaches to drive organizations to implement their shared value and sustainability strategy, considering different perspectives around accounting, managerial control, and reporting. It provides an innovative perspective on sustainable management control, comprehensive accounting, and integrated reporting, addressing the most recent proposals and critical issues.

Format: Paperback / softback
Length: 286 pages
Publication date: 27 May 2024
Publisher: Taylor & Francis Ltd

Sustainability Accounting, Management Control, and Reporting: A European Perspective offers a comprehensive exploration of innovative performance measurement tools and approaches aimed at driving organizations to implement their shared value and sustainability strategies. It considers various perspectives related to accounting, managerial control, and reporting, highlighting the challenges faced by organizations in managing their responsible approach in the face of stakeholder and regulatory pressures. Over the past two decades, many companies have achieved significant maturity in this area and have integrated responsible approaches into their overall strategy. However, the focus has now shifted to steering these responsible approaches from an accounting and managerial standpoint and reporting on them effectively. This requires the use of comprehensive accounting, controlling, and reporting tools.

The book provides a fresh perspective on sustainable management control, comprehensive accounting, and integrated reporting, presenting the latest proposals and critical issues in the field. It is intended for researchers, academics, managers, business leaders, and advanced students, particularly those interested in corporate social responsibility, strategic management, and accounting.

The book begins by discussing the concept of sustainability and its implications for organizations. It highlights the importance of integrating sustainability into business operations and the need for organizations to report on their sustainability performance. The authors then explore the various performance measurement tools and approaches that can be used to drive sustainability, including environmental, social, and economic indicators.

One of the key challenges facing organizations in implementing their sustainability strategy is the need to balance economic, social, and environmental considerations. The book discusses the importance of stakeholder engagement and the need to develop effective communication strategies to ensure that stakeholders are aware of the organization's sustainability efforts and are able to provide feedback.

The book also examines the role of accounting in sustainability reporting. It highlights the importance of using accounting information to provide a clear and transparent picture of the organization's sustainability performance and to enable stakeholders to make informed decisions. The authors discuss the various accounting standards and frameworks that can be used to report on sustainability and the challenges associated with implementing these standards.

In addition to accounting, the book also explores the role of managerial control in sustainability reporting. It highlights the importance of using managerial control systems to ensure that sustainability goals are achieved and that sustainability risks are managed effectively. The authors discuss the various managerial control systems that can be used, including performance measurement systems, incentive systems, and risk management systems.

Finally, the book examines the role of reporting in sustainability. It highlights the importance of providing clear and transparent reporting on sustainability performance to stakeholders and the need to use reporting to drive change. The authors discuss the various reporting formats and platforms that can be used, including annual reports, sustainability reports, and social media.

Overall, Sustainability Accounting, Management Control, and Reporting: A European Perspective provides a valuable resource for researchers, academics, managers, business leaders, and advanced students interested in sustainability and its impact on organizations. It offers a comprehensive exploration of innovative performance measurement tools and approaches, and provides a fresh perspective on sustainable management control, comprehensive accounting, and integrated reporting. By providing a clear and transparent picture of the organization's sustainability performance, the book can help stakeholders make informed decisions and drive change.

Weight: 438g
Dimension: 228 x 151 x 21 (mm)
ISBN-13: 9781032169514