Accounting for a Sustainable Use of Resources and Capital Maintenance: A Value-added Approach
2016 (English)In: The International Journal of Sustainability in Economic, Social and Cultural Context, ISSN 2325-1115, E-ISSN 2325-114X, Vol. 12, no 4, 35-43 p.Article in journal (Refereed) Published
Sustainability reporting to accompany traditional financial reports has momentum, but lack of consistency in preparing sustainability reports inhibits their usefulness. This paper presents a development guide for a consistent and auditable sustainability reporting model based on modified value-added reporting. Value added taken from traditional accounting reports is allocated to five dimensions of sustainability: financial, social, environmental, technological, and a residual value retained in the company. Sustainability indicators based on ratios of allocated amounts to the five dimensions are illustrated for a fictitious company. The underlying idea is that if there is an imbalance among the proportions of value added distributed among the dimensions of sustainability, the company’s long-term survival could be at stake.
Place, publisher, year, edition, pages
Champaign, Illinois, USA: Common Ground Publishing, 2016. Vol. 12, no 4, 35-43 p.
Sustainability Reporting, Value Added, Dimensions of Sustainability
IdentifiersURN: urn:nbn:se:hig:diva-22667DOI: 10.18848/2325-1115/CGPScopusID: 2-s2.0-84995965382OAI: oai:DiVA.org:hig-22667DiVA: diva2:1040383