Accounting for Corporate Accountability Essay Example | Topics and Well Written Essays - 750 words

Accounting for Corporate Accountability - Essay ExampleAccounting for Corporate Accountability much organisations in many countries cave in begun voluntary disclosure of the social environmental tinges of their activities in their annual reports. (Deecan and Unerman, 2006) These practices which have now become widespread began in many countries in the early 1990s, following considerable advances by a number of large companies to report environmental aspects of their business activities. Later-on from the mid-1990s, the reporting of social and environmental disturb of organisations activities has become an increasingly popular practice. (Deecan and Unerman, 2006). The disclosures have often been made in the annual reports which include the monetary statements comprising the balance sheet, profit and loss account and cash flow statement as well as a statement of shareholders equity. (Deecan and Unerman, 2006) The content of the social and environmental impact usually comprise of p olicies, practices and or impact of the reporting organisation on its environment. (Deecan and Unerman, 2006).The new practice today by some organisations is to separate the environmental social disclosures from the annual report as the disclosures have become widespread and extensive. (Deecan and Unerman, 2006). These organisations while publishing a summary of disclosures of social environmental impacts in their annual report publish alongside a more detailed social and environmental report in a separate document. (Deecan and Unerman, 2006).