Course Sustainability Accounting

The topic of sustainability is becoming increasingly strategically important in corporate practice due to the increasing demands of external and internal stakeholders. Successful corporate sustainability transformation requires targeted information on corporate sustainability performance that management accountants must provide due to their specialized expertise in collecting, analyzing, and presenting information. This course explores the concepts, theories, and practices of organizational sustainability that include actions related to climate change, carbon pollution, water, waste, and rethinking the product base, as well as initiatives targeted at employees, customers, investors, and/or broader stakeholders. The study materials discussed in this course include: (1) basic concepts, from the definition of sustainability to business models, value chains, and reporting frameworks; (2) the concept of 5Ps and SDGs of sustainability accounting including people, planet, prosperity, peace, and partnership; (3) the role of accountants in driving sustainability; (4) theories underlying sustainability accounting; (5) the evolution of non-financial reporting; (6) non-financial reporting forms of GRI Standards; (7) non-financial reporting forms from the International Integrated Reporting Council (IIRC); and (8) non-financial reporting forms from International Financial Reporting Standards (IFRS) S1 and S2.

Program Objectives (PO)