History of Sustainability Accounting
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Sustainability accounting represents the activities that have a direct impact on society, environment, and economic performance of an organization.

 

History of Sustainability accounting

Sustainability accounting (also known as social accounting, social and environmental accounting, corporate social reporting, corporate social responsibility reporting, or non-financial reporting) was originated about 20 years ago and is considered a subcategory of financial accounting that focuses on the disclosure of non-financial information about a firm's performance to external stakeholders, such as capital holders, creditors, and other authorities.

  but now, Sustainability accounting represents the activities that have a direct impact on society, environment, and economic performance of an organization.

Sustainability accounting is managerial accounting or management accounting in the other word

"Management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization's strategy"

 

in that managerial accounting is used for internal decision making and the creation of new policies that will have an effect on the organisation's performance at economic, ecological, and social (known as the triple bottom line or Triple-P's; People, Planet, Profit) level.