ABSTRACT
This chapter discusses the some reporting developments. The reporting developments includes: the global reporting initiative, of the coalition for environmentally responsible economies, which provides sustainability reporting guidelines and discussion paper on a proposed framework for environmental reporting, from the federation des experts comptables Europeens. Reporting developments also includes: accountability standard 1000, of the institute of social and ethical accountability and the research report on 'making values count', from the association of chartered certified accountants. Accountability requires that the company acts responsibly and accounts for its actions or inaction in some form of report provided for its stakeholders. Despite the statement of general applicability contained in the guidelines, they would appear to be most useful for larger companies who have already made some progress in environmental accounting and reporting. An organisation's accountability function will only be credible where enhanced communication with stakeholders takes place, and the guidelines provide a framework for effective dialogue.
