Exploring the Role of Professional Accountants in Advancing Sustainability Reporting in Tanzania
Year: 2025
Type: article
Abstract: Professional accountants in Tanzania play a key role in sustainability reports, influencing corporate practices and ensuring regulatory compliance.Their experience promotes the involvement of stakeholders, promoting environmental and social responsibility (Lauwo et al., 2022;Tilt et al., 2021).As seen in several studies, this affects governance structures and management perceptions (YAPA, 2022; Taugan, 2021).In addition, alignment with sustainable development objectives boosts improved report mechanisms (ORTIZ et al., 2024; ERIN & BAMIGBOYE, 2022).Challenges persist, particularly in adapting to global patterns (Orazalin & Mahmood, 2020; Taugan, 2021), but the counter compromise remains crucial (GITHAIGA, 2024;Adeyemi et al., 2020).Their contributions are also emphasized in the stakeholders' dialogues, archiving transparency and responsibility (Albu et al., 2021;Ardiana, 2023).Understanding the impact of institutional voids improves discourse on effective sustainability practices (Alshbili et al., 2021;Khan et al., 2021), while the economic structures of taxation and economy have advances in sustainability (Litelah et al. 2022;ATTAH-BOTCHWEY et al., 2022).The evolution of practices requires a robust approach to sustainability initiatives in the context of emerging economies (ERIN et al., 2022;BARTOLACCI et al., 2022;NG et al., 2022).Sustainability reporting, which involves the disclosure of environmental, social, and governance (ESG) information alongside financial performance, has become an essential practice for organizations aiming to demonstrate their commitment to sustainable development.Globally, businesses are increasingly adopting sustainability reporting frameworks, such as the Global Reporting Initiative (GRI) and the United Nations Sustainable Development Goals (SDGs), in response to stakeholder demand for transparency and accountability.Abdollahzadeh & Amin (2020) suggest that the role of professional accountants in facilitating this process is crucial, given their expertise in ensuring the accuracy, compliance, and credibility of both financial and non-financial reports.
Author: Kaanaeli Gabriel Nnko
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409344695