Under the patronage of the esteemed President of the University and under the supervision of the Dean of the Institute, the Department of Accounting Techniques at the Institute organized a workshop entitled ‘Sustainable Accounting and Finance’ during this October, as part of the sustainability activities and in cooperation with the Quality Assurance and University Evaluation Division. It was delivered by Eng. Mariam Daoud Noman, a lecturer in the above department, and a number of the institute’s employees participated. The workshop dealt with an overview of sustainable accounting and finance, as it is one of the modern concepts that aim to achieve integration between economic performance and environmental and social responsibility of institutions. Attention to sustainability has become an urgent necessity in light of the environmental and economic challenges that the world is witnessing today. Sustainable accounting seeks to measure and assess the environmental and social impact of economic activities, while sustainable finance focuses on directing financial resources towards projects that support sustainable development and promote long-term economic stability. Through this integration, balanced development can be achieved that contributes to building a better future for future generations
The workshop aimed to:
This symposium aims to shed light on the concept of sustainable accounting and sustainable finance, and to explain their role in achieving a balance between financial performance and the environmental and social responsibility of institutions. The symposium also seeks to raise awareness of the importance of integrating sustainability principles into accounting and financing practices, and to support rational economic decisions that contribute to achieving sustainable development at the local and global levels.
The workshop showed:
Some of the themes or details that were addressed in the workshop
1- Introducing sustainable accounting and its importance in the contemporary environment.
2- Principles of sustainable finance and its role in supporting environmental and social projects.
3- The role of non-financial reporting in promoting transparency and institutional accountability.
4- Challenges facing the application of sustainability in accounting and financing activities.
5- Successful international and local examples in the field of accounting and sustainable finance.