The most common approach adopted by Australian corporations in accounting for corporate social responsibilities is:

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The most common approach adopted by Australian corporations in accounting for corporate social responsibilities is descriptive performance reporting. This approach focuses on the qualitative description of a company's social and environmental practices, rather than quantitative measures. Descriptive performance reporting provides stakeholders with an overview of a company's social and environmental performance, including its policies, programs, and initiatives. This approach is commonly used in Australia and is supported by the Australian Securities and Investments Commission (ASIC).

The Most Common Approach Adopted by Australian Corporations in Accounting