The Journey to a Sustainable Economy. Accounting and Auditing for Long-Term Performance

Abstract

Financial professionals, accountants and auditors are demonstrating their commitment to sustainability research through a series of studies that address global concerns related to environmental accounting, sustainable business practices and participation in environmental conservation as they relate to accounting, auditing and financial reporting practices. By using various techniques and protocols applied in accounting, professionals present in their research, outstanding results for modelling sustainable development processes.As a result of the massive media coverage of international business concerns on sustainability, accountants and auditors are working tirelessly to develop economic processes applied in organisations. Thus, in order to outline the opportunities in the field and the trends addressed by business professionals in the sphere of sustainable accounting, this paper outlines a quantitative analysis, an applied bibliometric research for a sample extracted from the WOS- Web of Science database and an analysis of sustainability relationships using the VOS Viewer. The conclusions of the study conducted by the authors highlight that the economic environment is constantly changing in the accounting and auditing sphere, and the approaches of financial specialists in the sustainability sphere present new visions that have a significant impact on the lifecycle of organisations and overall sustainability.

Keywords

• sustainable accounting
• sustainability auditing
• sustainability reporting