IDEAS home Printed from https://ideas.repec.org/a/ahd/journl/v7y2026i2p2-10.html

Financial Reporting on Sustainability: Emerging Directions and Enhanced Responsibilities of Professional Accountants

Author

Listed:
  • Maria BURSUC

    (Colegiul Economic "Dimitrie Cantemir", Suceava)

Abstract

The article examines the evolution of the corporate sustainability reporting paradigm and its implications for the accounting profession, emphasizing the convergence between the conceptual, regulatory, and applicative dimensions. In a global context characterized by increasing demands for transparency and corporate responsibility, sustainability reporting is becoming not only a compliance tool but also a strategic vector of managerial decisions and added value for stakeholders. The paper analyses the international standards issued by the IFRS Foundation and the ISSB (IFRS S1 and IFRS S2), as well as recent European initiatives, including the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS), underlining the related demands and opportunities for professional accountants. It details the consolidated responsibilities of expert accountants, highlighting their essential role in collecting, verifying, and interpreting financial and non-financial information, and the need to develop multidimensional competencies in the field of ESG (environmental, social, and governance). The application section proposes methodologies for implementing sustainability reporting, including the integration of ESG performance indicators into accounting systems, non-financial audit procedures, and best practices for companies. Concrete examples on reporting greenhouse gas emissions, managing social indicators, and verifying non-financial data illustrate how theory is translated into practice. The paper highlights the added value for professional accountants: strengthening their strategic status, emerging opportunities for ESG consulting, and supporting the managerial decision-making process. The conclusions emphasize that sustainability reporting is an evolving imperative for the accounting profession, requiring the adoption of an integrated and proactive view in presenting and analysing corporate information.

Suggested Citation

  • Maria BURSUC, 2026. "Financial Reporting on Sustainability: Emerging Directions and Enhanced Responsibilities of Professional Accountants," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 7(2), pages 2-10, February.
    • Handle: RePEc:ahd:journl:v:7:y:2026:i:2:p:2-10
    DOI: 10.37945/cbr.2026.02.01
    as

    Download full text from publisher

    File URL: https://www.ceccarbusinessreview.ro/financial-reporting-on-sustainability-emerging-directions-and-enhanced-responsibilities-of-professional-accountants-a534d/download-PDF/
    Download Restriction: no
    File URL: https://www.ceccarbusinessreview.ro/financial-reporting-on-sustainability-emerging-directions-and-enhanced-responsibilities-of-professional-accountants-a534a/abstract/
    Download Restriction: no
    File URL: https://libkey.io/10.37945/cbr.2026.02.01?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ahd:journl:v:7:y:2026:i:2:p:2-10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Radu CIOBANU (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.