Question

Sustainabiliity accounting vs. social accounting and why company issue sustainability accounting?

Sustainabiliity accounting vs. social accounting and why company issue sustainability accounting?

Homework Answers

Answer #1

Answer : sustainability Accounting is also known as social accounting

The company uses sustainability Accounting.it is considered as a sub category of financial accounting it focuses on disclosure of non financial information about the firm's performance to external stakeholders of the company such as investors, creditors and other authorities,

Sustainability Accounting represent the activities that have direct impact on the society,eco economic performance of the company and environment in which it present, it is used in

financial accounting in contrast with managerial accounting for internal decision making,and creation of new policies which will have an °impact on organisation performance at economic, social and ecological level"

it will also used to generate value creation with in the organisation

thank you hope this understandable

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