Factors affecting the application of sustainability accounting in enterprises

Abstract

The objective of the article is to explore the factors affecting the application of sustainable accounting in enterprises. Quantitative research through surveys was conducted during the period from November 2024 to March 2025 with 186 subjects including general accountants, chief accountants and Board of directors representing 186 medium and large-sized enterprises in Hanoi. The research results show that legal regulations, information technology and leadership commitment have a positive impact on the application of sustainable accounting. Thereby, some recommendations are also proposed to promote enterprises to practice sustainable accounting. For state management agencies, it is necessary to issue mandatory regulations on publishing sustainable development reports and provide a specific implementation roadmap. For enterprises, it is necessary to increase the application of information technology to improve capacity and adapt to global trends. In addition, business leaders need to take sustainability issues seriously and have a clear plan for their sustainable development goals.