Review on the Role and Impact of Accounting Practices in Enhancing Sustainability in Higher Education Management

Abstract

Sustainability has emerged as a critical factor in higher education management, with institutions striving to incorporate environmentally responsible practices and social consciousness into their operations. Accounting practices play a vital role in supporting and measuring the success of sustainability initiatives in these institutions. This research paper aims to review the role and impact of accounting practices in enhancing sustainability in higher education management. The study begins with a comprehensive literature review, examining the relationship between sustainability and accounting practices in educational institutions. It explores financial, managerial, and environmental accounting tools to promote sustainability. Case studies and examples of successful sustainability initiatives are presented to highlight effective practices. The paper also identifies challenges and barriers faced while implementing sustainable accounting practices. Finally, it provides best practices and recommendations, offering policy insights for higher education institutions seeking to enhance sustainability through accounting. This research contributes to a deeper understanding of the interplay between accounting practices and sustainability in higher education. It offers valuable insights for institutional leaders and policymakers seeking positive change.