CSR in Management Accounting in Australia



Part 1 - CSR in Management Accounting in Australia

Introduction

We are facing a new strategic model, a model that tends to strengthen in the coming decades. In this new environment, the interests of shareholders share space with the demands of the community and customers, employees and suppliers. It is for this group, the so-called stakeholders, the company's future will generate value . The corporate world has therefore a role crucial in ensuring the preservation of the environment and the definition of quality of life in communities of their employees. Socially responsible companies generate, yes, value for those who are near. And, above all, win better results for themselves. Corporate social responsibility is no longer an option for businesses. It is a matter of vision, strategy and often survival.

Discussion

Environmental issues are growing in importance to the business community in terms of Corporate social responsibility, the consumer, product development, legal liabilities and accounting considerations (Martin and Steele 2010). The inclusion of environmental protection among the objectives of management extends substantially the entire concept of administration managers increasingly have to deal with situations in which part of the heritage of the company is simply reaped by processes involving the compensation of damage caused to the environment regardless of this damage can be remedied or not.

In this scenario, it is increasingly more difficult the task of the administrator in the treatment of these issues in Australian accounting and disclosure. The complexity of the activity of certain companies is often a factor that complicates the treatment to be given at registration and disclosure, especially the so-called environmental liability (Chan & Ryan, 2013). This matter involves judgment and expertise, hence the need to involve not only the senior management and the accounting class, but also engineers, lawyers, jurists, etc.

Therefore, the participation of Australian Accounting is very important as it will spark interest for environmental issues, helping the business class to implement in its business management, the environmental variable, not only to include in the legislation, but by a genuine ecological awareness. In this sense, we can not fall behind, we can not lose this opportunity to over insert ourselves in society, assuming a new position as a citizen and as a professional in society (Freeman & Hancock, 2012). However, the challenge is there for us, counters: make an adequate Australian accounting to a model environmental, integrated and competitive, who understands economic movements, movements operating and environmental movements.

Companies today are agents transformers that exert a great influence on human resources, society and the environment, but also have financial resources, technology and economics. Given this, seek help in some way to strengthen these areas, with postures ethics, transparency, social justice (Evans & Poullaos, 2012). The entrepreneurs in this new role, they become increasingly able to understand and participate in the structural changes in the relationship of forces in the environmental, economic and social.

Companies are now being encouraged and increasingly by government and its stakeholders to focus their environmental and social impacts, develop appropriate ways ...