scholarly journals OBJECTIVES OF SUSTAINABILITY REPORTING AND ACCOUNTING IN SHARIA

2021 ◽  
Vol 6 (2) ◽  
Author(s):  
Fardiantye Bella Cendika ◽  
Tjiptohadi Sawarjuwono
Keyword(s):  
Discourse Analysis ◽  
Financial Services ◽  
Accounting Standards ◽  
Sustainability Reporting ◽  
Theoretical Contribution ◽  
Business People ◽  
Sustainability Accounting

Sustainability reporting and accounting practices spread by thousands companies attract Muslim researchers’ to affirm the sharia foundation on this issue. The purpose of this study is to straighten the basic objectives of sharia sustainability accounting and reporting. The technique was discourse analysis, by identifying comparisons the thought flows of standart about conventional and sharia sustainability reporting and accounting  which were then examined based on the Qur'an. The results showed, the basic objectives of sharia sustainability reporting and accounting are; (1) accountability and (2) introspection. The results of this study have a theoretical contribution to the justification of differences in the meaning of the basic objectives of reporting and conventional and Islamic sustainability accounting. The results of the research can be a motivation for the Financial Services Authority (OJK) together with the Sharia Accounting Standards Board (DSAS) and the Indonesian Ulema Council (MUI) to hasten the formulation of sharia sustainability reporting and accounting standards that are suitable with the conditions in Indonesia, making it easier for business people to learn and apply the concept of sharia reporting and accounting for sustainability.

scholarly journals Incorporating Sustainability Issues Into The Financial Accounting Curriculum

2016 ◽  
Vol 9 (2) ◽  
pp. 49-56
Author(s):  
Daniel L. Haskin ◽  
Megan M. Burke
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Accounting Standards ◽  
Sustainability Reporting ◽  
Capital Allocation ◽  
Financial Accounting ◽  
Accounting Curriculum ◽  
History Of ◽  
Sustainability Accounting ◽  
Corporate Social

Changes in the views that society holds of capital allocation suggest that sustainability reporting needs to be incorporated into the financial accounting curriculum. This paper reviews the background and history of corporate social responsibility and sustainability reporting and discusses formation of the Sustainability Accounting Standards Board (SASB). The development of the SASB provides us with a framework to enhance the credibility and provide assurance for corporate social responsibility and sustainability reporting. A suggested outline for including sustainability reporting in a financial accounting course is presented.

scholarly journals Sustainability Assurance in Socially-Sensitive Sectors: A Worldwide Analysis of the Financial Services Industry

2018 ◽  
Vol 10 (8) ◽  
pp. 2777 ◽  
Author(s):  
Elies Seguí-Mas ◽  
Fernando Polo-Garrido ◽  
Helena Bollas-Araya
Keyword(s):  
Financial Services ◽  
Sustainability Reporting ◽  
Great Variability ◽  
Financial Services Industry ◽  
Company Size ◽  
Services Sector ◽  
Global Context ◽  
Financial Services Sector ◽  
Environmentally Sensitive ◽  
Services Industry

Sustainability reporting and assurance have considerably increased in the last decades. Among different sectors, ‘sensitive sectors’ attracted the attention of many academics. However, most of research works were focused only on ‘environmentally-sensitive sectors’. Therefore, after the loss of trust caused by the lack of transparency due to the crisis, ‘socially-sensitive sectors’ as financial services sector needs to strengthen users’ confidence in the credibility of their reported activities. The aim of this paper is to assess assurance practices worldwide in one of the main ‘socially-sensitive sectors’: the financial services sector. We study what factors are associated with adoption of assurance and choice of assurance provider, and whether assurance statements differ across providers. Our results reveal that, compared to the global context, companies operating in the financial services sector are more likely to adopt assurance and to choose accountants as assurance providers. Our findings show that adoption of assurance depends on company size. We also found that companies using the financial services sector supplement are more prone to adopt assurance. Our results also evidence that choice of assurance provider depends on the country and listing status Finally, our research shows a great variability in assurance statements across providers.

scholarly journals Approaches on the Screening Methods for Materiality in Sustainability Reporting

2018 ◽  
Vol 10 (9) ◽  
pp. 3233 ◽  
Author(s):  
Susie Wu ◽  
Changliang Shao ◽  
Jiquan Chen
Keyword(s):  
Corporate Sustainability ◽  
Accounting Standards ◽  
Social Sustainability ◽  
Sustainability Reporting ◽  
Global Reporting Initiative ◽  
Screening Methods ◽  
Comparison Study ◽  
Life Cycle Perspective ◽  
Sustainability Disclosure ◽  
Different Levels

Recent decades have seen a surge in corporate sustainability reports (SRs); their proliferation, however, does not ensure effective and consistent reporting on materiality. To improve the completeness, consistency and uniformity of SRs, this study aims at providing a review on the definition and identification of materiality and to propose screening methods for materiality assessments using publicly available resources. We found that most acknowledged standards and initiatives diverge in their definitions and approaches towards materiality. Four screening methods are proposed, including two that are directly usable: (1) Sustainability Accounting Standards Board Materiality Map™ and (2) Global Reporting Initiative (GRI) Sustainability Topics for Sectors; and two involving more desktop research: (3) GRI’s Sustainability Disclosure Database and (4) modeling from a life-cycle perspective. The second and third approaches are tested through a comparison study for the apparel and energy industries in selected regions using content analysis. The results indicate that the two approaches, with different levels of complexity, yield inconsistency in obtaining the most (i.e., the top three) material topics. The GRI’s Sustainability Disclosure Database is recommended for practitioners due to its balanced disclosure on management, economic, environmental and social sustainability themes.

Using arguments and myths to lobby over controversial accounting issues: evidence from Japan

2020 ◽  
Vol 32 (3) ◽  
pp. 355-390
Author(s):  
Noriyuki Tsunogaya ◽  
Andreas Hellmann
Keyword(s):  
Financial Reporting ◽  
Financial Services ◽  
Accounting Standards ◽  
Fair Value ◽  
Network Effect ◽  
International Accounting Standards ◽  
Content Type ◽  
Generally Accepted Accounting Principles ◽  
Financial Reporting Standards ◽  
Stakeholder Groups

Purpose This study aims to examine the (overt) arguments and (covert) myths the Business Accounting Council (BAC) members have used to lobby over controversial accounting issues, such as the application of fair value accounting (FVA) and the adoption of International Financial Reporting Standards (IFRS) in Japan. Design/methodology/approach The authors used a content analysis to examine 85 statements included in multiperiod BAC meeting minutes and 68 articles prepared by International Accounting Standards Board (IASB) representatives from Japan. Findings The results reveal that together with the arguments, myths were created and amplified by opponents of FVA and the Financial Services Agency to hide the latter’s strong regulatory power. They created these myths, using covert stories of the importance of manufacturing activities and tax accounting (for small- and medium-sized enterprises [SMEs]), to oppose mandatory IFRS adoption in Japan and, thus, to maintain vested rights in preparing the Japanese generally accepted accounting principles and Japanese accounting standards for SMEs. Originality/value First, this study contributes to the lobbying literature by focusing on the coalition (network) effect of influential stakeholder groups. Second, although lobbying activities have been investigated mostly using comment letters, this study reviews multiperiod BAC meeting minutes and articles prepared by IASB representatives from Japan. Third, the study examines both overt arguments and covert myths, both of which are important in unmasking the fundamental structures of power within influential organizations, such as government agencies and standard-setters.

Formation of the Method to Adapt Islamic Accounting to Russian Accounting Standards

Auditor ◽  
2015 ◽  
Vol 1 (4) ◽  
pp. 58-63 ◽  
Author(s):  
Умаров ◽  
Kh. Umarov
Keyword(s):  
Financial Services ◽  
Accounting Standards ◽  
Financial Accounting ◽  
Islamic Finance ◽  
Current State ◽  
Objective Research

The article deals with Islamic model financial accounting and reporting. The current state of Islamic finance in Russia isrevealed, and the capacity of parallel accounting organization for Russian entities, that offer Islamic financial services,are studiedfrom objective research position

scholarly journals Toward a Business Process Owner Competency Framework

2017 ◽  
Vol 29 (1) ◽  
Author(s):  
Malcolm Garbutt ◽  
Alfred Rudman ◽  
Lisa Seymour
Keyword(s):  
Business Process ◽  
Financial Services ◽  
Business Process Management ◽  
Process Management ◽  
Recent Literature ◽  
Strategic Alignment ◽  
Competency Framework ◽  
Systemic Thinking ◽  
Organizational Goals ◽  
Theoretical Contribution

Process owners are vital to the establishment and functioning of process oriented organizations. However, there is a paucity of understanding regarding the tasks process owners should undertake and what competencies they require. In this study, sets of process owner competencies and process owner tasks emerged from interviews with executives from three financial services organizations in South Africa. The findings were compared to the BPTrends report “State of the Business Process Management Market 2016”. Common themes were identified and validated against recent literature. Based on the validated themes a business process owner competency framework was developed and discussed. The framework shows that business process owners require competencies in core business process management, strategic alignment, determining organizational goals, governance, documentation, training, and systemic thinking. The competencies and tasks identified provide a practical contribution to practitioners and recruiters in the field, while the framework adds a theoretical contribution to the field of business process management.

scholarly journals MENJADI BINTANG ATAU BINATANG Analisis Wacana “Othering” dalam Film “The Greatest Showman”

2018 ◽  
Vol 13 (2) ◽  
pp. 100
Author(s):  
Devi Nirmala Muthia Sayekti
Keyword(s):  
Discourse Analysis ◽  
Cultural Studies ◽  
Critical Discourse Analysis ◽  
Performing Arts ◽  
The Other ◽  
Critical Discourse ◽  
Business People ◽  
True Story

This paper is aimed to analyse critically towards a film entitled “The Greatest Showman” related to its content which is problematic in its way to represent those “unique” persons. This film is created based on true story about P. T. Barnum, a politician and a business man in performing arts production. As a text in the cultural studies, this movie brings a discourse that can show how the reality is, especially in the field of entertainment and performing arts business. People considered as a “unique,” or maybe “weird,” always be narrated as the other, beyond the normal. They will be shown as an object to be laughed. From this point, I employed critical discourse analysis from Norman Fairclough, concerning in language used within this movie. We, then, would see how those “unique” persons will be placed as the other in very subtile way.

scholarly journals Sustainability Reporting in Cooperatives

Risks ◽  
2021 ◽  
Vol 9 (6) ◽  
pp. 117
Author(s):  
Gamze Yakar Pritchard ◽  
Kıymet Tunca Çalıyurt
Keyword(s):  
Financial Services ◽  
Large Scale ◽  
Performance Indicator ◽  
Social Performance ◽  
Sustainability Reporting ◽  
Healthcare Services ◽  
Global Reporting Initiative ◽  
Decent Work ◽  
Sustainability Disclosure ◽  
Sustainability Reports

The aim of the present study is to examine the sustainability reports of cooperatives, which may play an important role in achieving the sustainable development goals and help to identify which economic, environmental, and social sustainability indicators cooperatives are currently reporting. For this purpose, a total of 168 sustainability reports were examined for cooperatives that use the Global Reporting Initiative (GRI) G4 reporting, and that are included in the Sustainability Disclosure Database (SDD-GRI). As a result of this study, it was determined that the economic performance indicator disclosure levels of cooperatives that are active in the financial services sector are higher compared with those of cooperatives that are active in other sectors. In addition, it was also observed that the labor practices and decent work sub-category indicator disclosure levels of cooperatives active in the agriculture sector are lower compared to those of cooperatives that are active in the healthcare services and financial services sectors. Another outcome of this study was the finding that the social performance indicator disclosure levels for large-scale cooperatives are greater than those of small- and medium-sized (SME) cooperatives.

Sustainability Reporting

2020 ◽  
pp. 92-117
Author(s):  
Dana Maria (Oprea) Constantin ◽  
Dan Ioan Topor ◽  
Sorinel Căpușneanu ◽  
Alexandru Lucian Manole
Keyword(s):  
Sustainability Reporting ◽  
Environmental Information ◽  
Presentation Format ◽  
Environmental Reporting ◽  
Environmental Disclosure ◽  
Theoretical Contribution ◽  
Sustainability Disclosure ◽  
External Stakeholders ◽  
The Impact

This chapter presents, in a descriptive manner, the interrelation of the sustainability reporting concepts and the sustainability disclosure through internal and external stakeholders. The main objectives of this chapter are approaching the disclosure of environmental information, presenting the views of the stakeholders on the content and format of environmental reporting. The factors underlying the disclosure of the environmental information and the impact of these, including the views stakeholders on the content and presentation format of the environmental reporting, are presented and analyzed. A case study is also presented in order to highlight the disclosure and presentation of the environmental report of an industrial entity and the importance of the accounting information provided. This chapter brings a theoretical contribution to expand the knowledge on the environmental disclosure and reporting approaches. The authors' approaches remain open to the expansion of these issues at both national and international level and both in the academia and business area.

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