International Accounting
5th Edition
ISBN: 9781259747984
Author: Doupnik, Timothy S., Finn, Mark T., Gotti, Giorgio
Publisher: Mcgraw-hill Education,
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Textbook Question
Chapter 12, Problem 1Q
What is sustainability reporting?
Expert Solution & Answer
To determine
Explain the meaning of sustainability reporting.
Explanation of Solution
Sustainable reporting doubles the traditional financial reporting. Sustainable reporting provides the information related to environmental and social practices of the enterprises.
Sustainability reporting is known as the most important curve of the modern accounting system. Most of the organizations follow the sustainability accounting now a days and also issue the sustainable report that is clearly very different from the traditional financial report. Sustainability report informs the public about the main issues related to greenhouse gas emission gender equality and racial equalities.
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Chapter 12 Solutions
International Accounting
Ch. 12 - What is sustainability reporting?Ch. 12 - Prob. 2QCh. 12 - What is the Global Reporting Initiative (GRI)?Ch. 12 - Prob. 4QCh. 12 - Prob. 5QCh. 12 - Prob. 6QCh. 12 - Prob. 7QCh. 12 - Prob. 8QCh. 12 - What is the primary difference between the GRI and...Ch. 12 - Prob. 10Q
Ch. 12 - Prob. 11QCh. 12 - Prob. 12QCh. 12 - What industry dominates the list of the worlds...Ch. 12 - Prob. 14QCh. 12 - Nestl is the worlds largest food producer and is...Ch. 12 - Prob. 5EPCh. 12 - Garner Pharmaceuticals is a U.S. drug company that...Ch. 12 - Clarion Bank and Trust (CBT) is a local bank based...Ch. 12 - Prob. 8EPCh. 12 - Carbon accounting standards allow companies to use...
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- What is value-based management and how is it used?arrow_forwardWhat factors have driven the demand for sustainability reporting? Refer to Exhibit 17.20 and describe the standards that exist for sustainability reporting and assurance.arrow_forwardExplain the role and purpose of the Sustainability Accounting Standards Board.arrow_forward
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