ACCG100 Lecture Notes - Lecture 11: Integrated Reporting, Sustainable Development, Social Accounting

• School: Macquarie University
• Department: Accounting and Corporate Governance
• Course: ACCG100
• Professor: Colly He

Document Summary

Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs (brundtland, 1987). Connectivity and communication (how people connect and communicate is rapidly changing technological development) If you don"t provide information nobody will know about it, and if no one knows about it then nothing can come from this no consequences, accountability etc. Explore the unmarked and unreported voices in social and environmental issues, and the attributing consequences. Emissions trading scheme (ets) are designed to control emissions by allowing participants to trade excess emissions permits. Carbon tax where a levy is paid based on the amount of emissions of greenhouse gases (ghgs) Carbon tax imposes a cost on emissions and the cost on the environment. Australian water accounting standards provide guidance and explanatory material to assist in preparing, presenting and assuring general purpose water accounting reports.