Corporate social responsibility (CSR) has become one of the leading topics of discussion and deliberation in today's modern business environment. The main reason for this is due to the fact that climate change has become a very important agenda for many business, governments and non-profit organizations1. An increasing number of businesses are now under substantial pressures to recognise CSR within the complex trading environment in which they operate. Many commentators, believe that CSR has become has surpassed sustainability as the main focus of the modern enterprise2. For this reason, CSR is regarded as one the fundamental blocks of the corporate strategy of most firms today3.
[...] Conclusively, for the organization, such as a multinational company, which operates on an international basis, the pressures of CSR will tend to be more pronounced since it would have to adhere to the corporate obligation and production legislations in the various countries where they operate21. Furthermore, it can also be suggested that corporation which operate in developing countries with have to adhere closely to Fair Trade issues as well as other international and domestic CSR legislations22. The exploitation of workers and the use of under-aged labour are one of the key CSR employment issues which are usually apparent when considering international production and the employment practices of multinational companies. [...]
[...] They argue that when one considers the training and examination process which accountants have to undergo before becoming qualified, it should be clear that accountants should not have the requisite orientation for reporting over a large scope of issue to a larger scope of stakeholders9. Furthermore, some deduce accountants to be submissive to accounting rules and regulations. However, there is a distinct lack of appropriate guidance in the area of CSR accounting. This consequently means that accountants can be excluded for the development of CSR accounting techniques and guidance10. [...]
[...] Corporate social responsibility is not an integral part of business: hence accountants should have little to with it Corporate social responsibility (CSR) has become one of the leading topics of discussion and deliberation in today's modern business environment. The main reason for this is due to the fact that climate change has become a very important agenda for many business, governments and non-profit organizations1. An increasing number of businesses are now under substantial pressures to recognise CSR within the complex trading environment in which they operate. [...]
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