RECONFIGURING ACCOUNTING SYSTEMS FOR SUSTAINABLE DEVELOPMENT: EMPIRICAL EVIDENCE FROM AN EMERGING ECONOMY

This study examines the transformation of accounting systems in the context of sustainable development within an emerging economy. The research aims to identify key drivers, institutional conditions, and organizational factors influencing the integration of sustainability principles into accounting practices. Using empirical data collected from firms operating in an emerging market, the study applies quantitative methods to assess the relationship between sustainability-oriented policies and changes in accounting frameworks. The findings indicate that regulatory pressure, stakeholder expectations, and internal strategic orientation play a significant role in reshaping accounting systems toward sustainability alignment. Moreover, the results suggest that accounting transformation contributes to improved transparency and decision-making quality rather than immediate financial performance. This study contributes to the accounting and sustainability literature by providing empirical evidence from an underexplored economic context. Keywords: accounting, sustainable development, ESG, corporate reporting, accounting methodology, globalization, value added, investment