The history of accounting and balance sheets reveals a long struggle to incorporate environmental and natural resource measures. Dutch society in the 16th-18th centuries demonstrated how financial literacy and accountability were crucial for managing water and land resources. Despite early efforts, modern accounting still fails to systematically include environmental factors. Addressing climate challenges through balance sheets requires renewed focus, historical awareness, and accounting sophistication to drive sustainable decision-making.
History
Language
English
Format
.pdf and online resource
Rights Statement
Copyright, Accountability in a Sustainable World Quarterly, CARE Center for Accounting Research and Education