Kosarkoska, Desa and Mirceska, Irina (2024) The Impact of Climate Changes and Climate Risk on the Accounting and Accounting Professions. International Journal of Economics, Business and Management Research, 8 (10). ISSN ISSN: 2456-7760
Full text not available from this repository.Abstract
If we are to identify the most defining global issue of our time, we would undoubtedly conclude
that it is climate change and the associated risks for modern society and life across all sectors.
Over the past two decades, the disclosure of information regarding corporate activities relevant
to climate change has increased substantially. Decision-makers must choose between two
options: confronting the issue and addressing it with appropriate business models and policies, or
persisting with outdated business practices. With the latest Global actions there will not be
chouse. The climate-related disclosures will become mandatory across much of the global
economy. Accounting, as the language of business, must engage with these requirements.
Integrating climate and other environmental and social values into traditional reporting is a
crucial challenge for the Accounting today. Identifying and providing models for analyzing the
interdependence of these risks, represents another significant challenge for Accounting recent
years. Accountants can play a vital role in this risk analysis, supplying data to inform new
policies and strategies, and implementing plans that facilitate informed decision-making, In this
article, we explore how modern Accounting and Accounting profession, on a global scale, have
adapted and responded to these new challenges, as sciences disciplines and as empirical
profession as well.
Keywords: accounting for sustainable development, accounting branches, accounting
professions, climate change, impact
| Item Type: | Article |
|---|---|
| Subjects: | Scientific Fields (Frascati) > Social Sciences > Economics and Business |
| Divisions: | Faculty of Tourism and Hospitality |
| Depositing User: | Prof. d-r Desa Kosarkoska |
| Date Deposited: | 13 Nov 2024 14:06 |
| Last Modified: | 13 Nov 2024 14:06 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/10430 |
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