Development of Sustainability in Accounting - Cognitive and Conceptual Approaches

Abstract

The question of continuity has become a worldwide concern, drawing the attention of every government. Economic performance is no longer the only factor used to determine organizational success. Supremacy and competitiveness demand attention to environmental and social activities. The function of accountants has also evolved. Reporting, managing the creation, and maintenance of assessment reports is solely the responsibility of the shareholders. This study aims to examine the continuity of accounting evolution. This study employed a scoping review as its methodology. Research data on sustainable accounting was gathered from various national and international academic papers. The findings indicate that accountants are essential for long-term economic prosperity. Accountants should be able to provide sustainability reports on a level with financial statements. They should be able to assess the quality level of the sustainability report. According to the findings of this study, an accountant is necessary for a healthy economy. The accountants’ capacity to prepare should be able to assess the quality of the report’s continuity. Apart from this, accountants play an important role in setting effective standards for report continuity. Keywords: sustainability accounting, sustainability reporting, sustainable development