Development of the Accounting Concept for Sustainable Enterprise Development
The article presents the conceptual foundations of accounting for sustainable development of
enterprises. Among the main advantages of the structuring of ASD, several can be distinguishedю
Firstly, the recognition that ASD includes monetary and natural measures that can be considered
independently or in combination. Secondly, the comparison of tools with subsystems of ASD that
facilitate certain types of decisions. Thirdly, the consideration of time as a key element in the
classification of ASD to focus on the links between short-term and long-term cash flows and
environmental and social considerations in management decisions.
Author's Name: Marina Evgenievna Ordynskaya, Ruslan Aslancherievich Tkhagapso, Irina Fedorovna Tausova and Anastasiya Aleksandrovna Trukhina
Volume: Volume 11
Issues: Volume 11
Keywords: Traditional Accounting, Natural Indicators, Ecology, Social Reporting.