Transforming the Australian accounting profession for the carbon challenge. The introduction of Carbon Pollution Reduction Scheme (CPRS) will have an immediate and lasting impact on the cost of doing business in Australia. By determining how accounting processes can be optimised to identify, measure and analyse the impact of emissions trading on organisations' financial performance, this project will be a significant step in minimising the negative impact of this historic change on the Australia ....Transforming the Australian accounting profession for the carbon challenge. The introduction of Carbon Pollution Reduction Scheme (CPRS) will have an immediate and lasting impact on the cost of doing business in Australia. By determining how accounting processes can be optimised to identify, measure and analyse the impact of emissions trading on organisations' financial performance, this project will be a significant step in minimising the negative impact of this historic change on the Australian economy, and maximising the associated business opportunities. Our findings will be the basis for giving the accounting profession the new skills to adopt a central role in meeting the carbon challenge.Read moreRead less
The role of accountants and accounting in improved sustainability management and reporting. This project will provide a comprehensive understanding of avenues available for the accounting profession to more formally embrace the management of environmental and social aspects of organisational performance. In particular, the project examines the internal sustainability information gathering and reporting processes and the use of this information by internal decision makers. We investigate, inter ....The role of accountants and accounting in improved sustainability management and reporting. This project will provide a comprehensive understanding of avenues available for the accounting profession to more formally embrace the management of environmental and social aspects of organisational performance. In particular, the project examines the internal sustainability information gathering and reporting processes and the use of this information by internal decision makers. We investigate, inter alia, existing systems/procedures used to generate data on non-financial performance and how sustainability data can be collected efficiently and better integrated through the accounting system; and how accounting systems could be extended to incorporate such information, including specific tools that are appropriate to achieve this aim.Read moreRead less