The Role of Expert Accountants in Ensuring Regulatory Compliance with Corporate Sustainability Reporting in the European Union
The Corporate Sustainability Reporting Directive (CSRD) requires companies to integrate sustainability reporting with financial data, emphasizing the role of accountants. Accountants must ensure accurate and comprehensive financial statements, reflecting both financial and non-financial impacts. The...
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| Format: | Article |
| Language: | English |
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The Body of Expert and Licensed Accountants of Romania
2024-11-01
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| Series: | CECCAR Business Review |
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https://www.ceccarbusinessreview.ro/the-role-of-expert-accountants-in-ensuring-regulatory-compliance-with-corporate-sustainability-reporting-in-the-european-union-a423d/download-PDF/
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| _version_ | 1846143448810258432 |
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| author | Liviu Marian MATAC Florentina PANTAZI Paul-Tiberius COMAN Maria BOLBOCEANU |
| author_facet | Liviu Marian MATAC Florentina PANTAZI Paul-Tiberius COMAN Maria BOLBOCEANU |
| author_sort | Liviu Marian MATAC |
| collection | DOAJ |
| description | The Corporate Sustainability Reporting Directive (CSRD) requires companies to integrate sustainability reporting with financial data, emphasizing the role of accountants. Accountants must ensure accurate and comprehensive financial statements, reflecting both financial and non-financial impacts. They need to stay updated with legislative changes and collaborate across departments to aggregate relevant data. Accountants will identify the financial impact of sustainability factors and prepare ESG metrics, critical for securing European funding. They will also help companies assess climate risks and ensure compliance with sustainability standards, positioning sustainability at the core of decision-making processes. |
| format | Article |
| id | doaj-art-a828d06204bc48f99ee03b90c9f8cd96 |
| institution | Kabale University |
| issn | 2668-8921 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | The Body of Expert and Licensed Accountants of Romania |
| record_format | Article |
| series | CECCAR Business Review |
| spelling | doaj-art-a828d06204bc48f99ee03b90c9f8cd962024-12-02T13:17:14ZengThe Body of Expert and Licensed Accountants of RomaniaCECCAR Business Review2668-89212024-11-015102610.37945/cbr.2024.10.0126688921The Role of Expert Accountants in Ensuring Regulatory Compliance with Corporate Sustainability Reporting in the European UnionLiviu Marian MATAC0Florentina PANTAZI1Paul-Tiberius COMAN2Maria BOLBOCEANU3Bucharest University of Economic StudiesBucharest University of Economic StudiesBucharest University of Economic StudiesBucharest University of Economic StudiesThe Corporate Sustainability Reporting Directive (CSRD) requires companies to integrate sustainability reporting with financial data, emphasizing the role of accountants. Accountants must ensure accurate and comprehensive financial statements, reflecting both financial and non-financial impacts. They need to stay updated with legislative changes and collaborate across departments to aggregate relevant data. Accountants will identify the financial impact of sustainability factors and prepare ESG metrics, critical for securing European funding. They will also help companies assess climate risks and ensure compliance with sustainability standards, positioning sustainability at the core of decision-making processes. https://www.ceccarbusinessreview.ro/the-role-of-expert-accountants-in-ensuring-regulatory-compliance-with-corporate-sustainability-reporting-in-the-european-union-a423d/download-PDF/ sustainabilityreportingexpert accountantstakeholders |
| spellingShingle | Liviu Marian MATAC Florentina PANTAZI Paul-Tiberius COMAN Maria BOLBOCEANU The Role of Expert Accountants in Ensuring Regulatory Compliance with Corporate Sustainability Reporting in the European Union CECCAR Business Review sustainability reporting expert accountant stakeholders |
| title | The Role of Expert Accountants in Ensuring Regulatory Compliance with Corporate Sustainability Reporting in the European Union |
| title_full | The Role of Expert Accountants in Ensuring Regulatory Compliance with Corporate Sustainability Reporting in the European Union |
| title_fullStr | The Role of Expert Accountants in Ensuring Regulatory Compliance with Corporate Sustainability Reporting in the European Union |
| title_full_unstemmed | The Role of Expert Accountants in Ensuring Regulatory Compliance with Corporate Sustainability Reporting in the European Union |
| title_short | The Role of Expert Accountants in Ensuring Regulatory Compliance with Corporate Sustainability Reporting in the European Union |
| title_sort | role of expert accountants in ensuring regulatory compliance with corporate sustainability reporting in the european union |
| topic | sustainability reporting expert accountant stakeholders |
| url |
https://www.ceccarbusinessreview.ro/the-role-of-expert-accountants-in-ensuring-regulatory-compliance-with-corporate-sustainability-reporting-in-the-european-union-a423d/download-PDF/
|
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