THE IMPACT OF SUSTAINABILITY REPORTING ON PUBLIC ACCOUNTING PRACTICES
This study examines the impact of sustainability reporting on public accounting practices. The objectives are to evaluate how sustainability reporting influences public accounting standards, to assess the role of public accountants in the preparation and verification of sustainability reports, and to identify the challenges faced in integrating sustainability reporting into traditional accounting practices. A survey research design was employed to gather detailed and varied perspectives from public accounting professionals. A sample size of 200 respondents was determined using Taro Yamane's formula, providing a statistically significant representation of the population. Lagos, Nigeria, was chosen as the case study due to its prominence as a business hub with numerous firms engaged in sustainability reporting. The survey instrument achieved a reliability coefficient score of 0.85, reflecting its reliability. Findings indicate that sustainability reporting has a substantial impact on public accounting practices by introducing new standards and increasing the scope of accountants' responsibilities. The integration of sustainability metrics poses challenges, including the need for additional training and adjustments to existing accounting frameworks. The study recommends that accounting bodies develop comprehensive guidelines for sustainability reporting and that public accounting firms invest in training their staff to handle these new reporting requirements effectively.
Background of the study
In the post-second World War years, development co-operation was based on transfer of technologies to developing...
INTRODUCTION
Stylistics is the study and interpretation of texts from literary and linguistic perspect...
ABSTRACT: This study explores the influence of early childhood education (ECE)...
Background of the Study
Antenatal Care (ANC) is given different meanings by different scholars,...
Abstract
Advertising is a prominent feature of modern business operations. One could encounter advertising messages, wh...
BACKGROUND OF THE STUDY
The political uncertainty, conflicts and turbulence in Nigeria poses serious concerns for the c...
Education is a key factor to the development of any nation in the world. It has been the intension of the government that all...
ABSTRACT
This research work revealed the effect of quality service delivery on customers’ patronage in First Bank...
ABSTRACT
This study was carried out to examine the effect of short term employment contracts on staff motiv...
INTRODUCTION
Intake of tomato and tomato based-products contributes to the absorption of a...