The role of accounting in sustainable development


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Ideology of Sustainable Development and Sustainable Development Goals influence the transformation of business processes in the companies. Professional accountants are important part of this transformation. In this paper the role of accounting in Sustainable Development Goals achievement is discussed. Different approaches to structuring the role of professional accountants in Sustainable Development are investigated. Among them are types of roles that perform accountants, their professional functions, skills and competencies in the corporate environment. As the result a holistic vision of the role of accounting in sustainable development in the new economic conditions is provided.

view full abstract hide full abstract
    • Тable 1. Mapping the SDG’s Goals interconnection in the light of accountancy contribution
    • Table 2. Role, responsibilities and decision direction on corporate sustainability perspective
    • Table 3. Key roles of professional accountants in sustainable business (IFAC (2011), IFAC (2015)
    • Table 4. Accountancy profession group role in traditional and sustainable business