ABSTRACT

In recent years there has been much fiddling with accounting and financial reporting standards. Studies have shown that investors and analysts across the globe suggest that current reporting models are too backward-looking and compliance-driven and are not conveying the necessary information investors and analysts need. This has been the basis of the debate surrounding the reporting model and the reason behind the increasing demand for more transparent reporting to better explain the quality and sustainability of business performance. Sustainability is becoming more important for all companies, across all industries. Sustainability is a business approach to creating long-term value by taking into consideration how a given organization operates in the ecological, social and economic environment. Sustainability is built on the assumption that developing such strategies would foster company longevity. Sustainability reporting offers a mechanism to support the creation of a more commercially attractive and differentiated picture of the business which can lead to better investor understanding and improved stakeholder relationships. Furthermore, the underlying process necessary to produce this information can also enhance Board effectiveness and improve governance. The objective of this paper is to collect relevant literature on sustainability reporting, regulations and sustainability practices across businesses in Cambodia.

Keywords: Corporate reporting; Compendium; Financial reporting; Sustainability reporting; Cambodia