There is growing recognition of the importance of incorporating social and environmental considerations in accounting practices, as represented by the concept of the "triple bottom line" (TBL). The TBL framework emphasizes the need for companies to focus on social, environmental, and financial performance, rather than just financial gains. This approach has been widely discussed and debated in various fields, including economics and sustainability.

Regards,

Yes, this approach have to be stress in contemporary accounting definition. This is the essential core of role of Accounting, as a tool for sustanaibility economic development of the society.

Thank You Ajit!

Desa K.