SUSTAINABILITY REPORTING: POSSIBLE WAYS OF RETHNINKING HOSPITALITY ACCOUNTING
Journal: Journal of Economic and Social Development (JESD) (Vol.2, No. 2)Publication Date: 2015-09-18
Authors : Milena Persic; Sandra Jankovic; Dubravka Vlasic;
Page : 85-101
Keywords : sustainability reporting; hospitality accounting; sustainability accounting;
Abstract
The concept of sustainability reporting has emerged from developments in accounting, with roots over a period of the last forty years in a broader sense and in the narrow sense over the last ten years. While the term sustainability accounting is used to describe accounting methods that aim to create and provide high quality information to support a corporation in its movement towards sustainability, sustainability reporting, describes new formalized means of communication, which provides information about corporate sustainability. Sustainability accounting is a framework that can be used to reflect economic, social and environmental impacts and demonstrate their connection. In order to get an idea of whether sustainability reporting has been implemented in Croatian companies, the purpose of the paper is to investigate the achieved level of sustainability reporting in
Croatia. The paper will also critically review previous research results about sustainability reporting in the hospitality industry and develop a framework for hotel sustainability reporting, in accordance with the Uniform System of Accounts for the Lodging Industry ? USALI (11th edition, 2014), Global Reporting Initiative (GRI) and the new EU Directive about disclosure of non-financial and diversity information.
Other Latest Articles
- THE INTERDEPENDENCE OF GDP PER CAPITA AND FOREIGN DIRECT INVESTMENT IN THE TRANSITIONAL ECONOMIES OF CENTRAL AND EASTERN EUROPE
- Modern structure of marketing communications complex
- RELATIONSHIP BETWEEN MARKET STRUCTURE AND STABILITY IN THE BANKING INDUSTRY
- Adaptation of the methodology of sample surveys for marketing researches
- Аераційно-кліматична ситуація центральних районів міста Суми
Last modified: 2015-11-01 19:22:52