Abstract:

Incorporating the concept of sustainable development has become one of the fastestgrowing trends in project management today. Projects play a key role in the sustainable development of organizations. A crucial element in the sustainable assessment of projects is considering not only the profit they generate but also the social and environmental benefits and costs they produce. Including this information in the business justification would allow for a more optimal selection of projects. Accounting provides this type of data; however, the information offered by its traditional form is becoming insufficient for decision-making in the context of sustainable development. Socially responsible accounting addresses the inclusion of the burdens and benefits for society resulting from the activities of a specific entity and presents them in a monetary or descriptive form. In this approach, information about social and environmental costs plays a crucial and challenging role.