Interconnection: An Economic Perspective Horizon
Vol. 2 No. 1 (2024): Interconnection: An Economic Perspective Horizon

Implementation of Digital Accounting on the Effectiveness of Corporate Social Responsibility and Environmental, Social, and Governance Reporting

Suhardjo, Suhardjo (Unknown)
Wati, Yenny (Unknown)
Renaldo, Nicholas (Unknown)
Musa, Sulaiman (Unknown)
Cecilia, Cecilia (Unknown)



Article Info

Publish Date
31 May 2024

Abstract

This study delves into the role of digital accounting systems in enhancing the quality and effectiveness of Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) reporting. Findings indicate that digital accounting substantially improves reporting accuracy, timeliness, and transparency, enabling organizations to meet stringent regulatory standards and foster trust among stakeholders. Tools such as blockchain, ERP systems, and AI-driven analytics have streamlined the collection and processing of sustainability data, making reports more actionable and aligned with global benchmarks like GRI and SASB. Nevertheless, challenges such as high costs, data security issues, and organizational resistance were identified as barriers to widespread adoption. Addressing these challenges can further unlock the potential of digital accounting systems in driving sustainable business practices and enhancing corporate accountability.

Copyrights © 2024






Journal Info

Abbrev

interconnection

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Interconnection: An Economic Perspective Horizon is a journal that discusses the relationship or connection between various aspects of the economy and has a broad perspective and its reach covers various related fields such as economic policy, financial markets, investment, international trade, and ...