International Journal of Trends in Accounting Research
Vol. 5 No. 1 (2024): International Journal of Trends in Accounting Research (IJTAR)

Exploring Circular Solutions for Economic Growth and Decent Work: SDG 8 and Accounting Perspective

Alamsyahbana, Muhammad Isa (Unknown)
Siregar, Juliani Sari (Unknown)
Antania, Livia (Unknown)



Article Info

Publish Date
30 May 2024

Abstract

This study aims to explore circular solutions for economic growth and decent work, drawing insights from SDG 8. Embracing a circular economy can promote sustainable development by decoupling economic growth from resource depletion and environmental degradation. Circular practices benefit SDG 8 by creating new job opportunities, fostering innovation, and achieving inclusive economic growth. From an accounting perspective, the study investigates how these circular economy practices impact financial reporting and cost management. By examining the costs associated with recycling, reuse, and recovery of materials and their effects on production expenses and revenues, this research connects circular economy initiatives to sustainable accounting practices. Collaboration among stakeholders - government, private sector, civil society, and the public - is vital for successful implementation. Through collective efforts, Indonesia can move towards a more sustainable and inclusive economy, prioritizing decent work opportunities and environmental responsibility. This study recommends how accounting frameworks can be adapted to reflect the economic and environmental benefits of circular practices, ensuring that financial reporting supports sustainable development goals.

Copyrights © 2024






Journal Info

Abbrev

ijtar

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

International Journal of Trends in Accounting Research (IJTAR) with registered number ISSN 2774-5643 (Online) is an accounting scientific journal published by Asosiasi Dosen Akuntansi Indonesia (ADAI). International Journal of Trends in Accounting Research is a refereed Journal dedicated to publish ...