Role of management accounting in enabling sustainability in business: a comprehensive review
By: Dileep Kumar, S. D
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Publisher: Kokata CMA Kaushik Banerjee 2023Edition: Vol.58(6), Jun.Description: 22-26p.Subject(s): Construction Engineering and Management (CEM)Online resources: Click here
In:
Management and accountant journalSummary: This research article aims to comprehensively examine the role of management accounting in enabling sustainability in business. Sustainability has emerged as a critical consideration for organizations in the face of environmental challenges and stakeholder expectations. Management accounting, with its focus on providing relevant financial and non-financial information, can significantly contribute to integrating sustainability into decision-making processes. This article reviews and synthesizes existing literature, case studies, and empirical evidence to highlight the various ways in which management accounting supports sustainability initiatives. The findings emphasize the importance of performance measurement, cost analysis, investment appraisal, risk management, strategic planning and reporting in enabling sustainable practices. By understanding the role of management accounting in sustainability, organizations can leverage these insights to drive positive environmental, social, and economic outcomes.
| Item type | Current location | Call number | Status | Date due | Barcode | Item holds |
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Articles Abstract Database
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School of Engineering & Technology (PG) Archieval Section | Not for loan | 2023-1404 |
This research article aims to comprehensively examine the role of management accounting in enabling sustainability in business. Sustainability has emerged as a critical consideration for organizations in the face of environmental challenges and stakeholder expectations. Management accounting, with its focus on providing relevant financial and non-financial information, can significantly contribute to integrating sustainability into decision-making processes. This article reviews and synthesizes existing literature, case studies, and empirical evidence to highlight the various ways in which management accounting supports sustainability initiatives. The findings emphasize the importance of performance measurement, cost analysis, investment appraisal, risk management, strategic planning and reporting in enabling sustainable practices. By understanding the role of management accounting in sustainability, organizations can leverage these insights to drive positive environmental, social, and economic outcomes.
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