Sustainability and the role of the management accountant
This report looks at a 2010 survey of managing directors, accountants and sustainability managers, working for a range of organisations in New Zealand. The survey found that only a minority of accountants were involved in setting their company sustainability strategy, as most continued to be seen under their more traditional role of financial specialist, rather than for their ability to collaborate towards sustainability goals.
The report also highlighted that as there is a worldwide move toward ‘integrative’ reporting incorporating non-financial as well as financial data, management accountants are ideally placed to provide the alignment mechanisms and collaborate with senior management in producing fully integrated reports, reflecting sustainable strategies adopted by organisations which fulfil the needs of stakeholder groups.
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