The Role of the Accounting Profession in Sustainable Business Development: Financial, Social and Environmental Dimensions

The Role of the Accounting Profession in Sustainable Business Development: Financial, Social and Environmental Dimensions

Number 1, January 2025  »  Sustainability and nonfinancial reporting

Associate Professor Codruța Daniela Pavel, PhD a
Associate Professor Aura Emanuela Domil, PhD a
Associate Professor Alin Emanuel Artene, PhD b
a West University of Timișoara
b Politehnica University Timișoara

Abstract: Sustainability has become an essential pillar of competitiveness in the modern business world. Integrating sustainability principles not only meets ethical and regulatory requirements but also brings significant economic benefits. Sustainable development is essential to ensure a prosperous future for business, society, and the environment. The accountancy profession plays a vital role in this process, contributing to transparency, assessing risks and opportunities, and implementing sustainable strategies. Companies that adopt sustainable practices not only improve their financial performance but also contribute to the overall well-being of society and the environment.
Classification JEL: Q01, Q56, M14, M40, M41, M49 | Pages: 2-8

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