Which of the following is the most significant current trend in accounting in Canada?
A) the importance of knowledge assets
B) the expectation to report green and social accounting
C) the importance of intellectual capital
D) the expanded role of accountants

Question

Quizplus · Accepted Answer

The expectation to report green and social accounting is seen as the most significant current trend in accounting in Canada. There is an increasing awareness of environmental and social issues and their impact on businesses, and stakeholders are demanding more transparency and accountability in reporting on these issues. This has led to the development of sustainability reporting frameworks and standards that organizations are expected to follow, including the Global Reporting Initiative and the Sustainability Accounting Standards Board.

Which of the Following Is the Most Significant Current Trend