Financial reporting of environmental and social aspects in business practice

If an enterprise provides a sustainable development as its strategic goal must address the question of how to measure corporate sustainability, how to it really achieved, but also how to it effectively manage. It is necessary to collect, record, analyze and disseminate relevant information about the environmental and social performance and their impact on the economic performance of the enterprise. It is important that these needs were adapted by an accounting system, which should render the economic consequences of environmental and social aspects of the business. The theoretical framework of this paper is based on a comparison of theses various authors in the accounting for sustainable business development. The paper will mainly present the results of research on financial reporting of environmental and social aspects of the business environment in the Czech Republic. Based on research consists of a questionnaire survey carried out on a sample of 100 enterprises of different sizes Pilsen, Karlovy Vary and South Region. A questionnaire survey were investigated methods reporting environmental and social aspects of business and ways of monitoring environmental benefits and costs in the accounting system of enterprises Czech Republic. The respondents' answers were statistically analyzed and are presented both verbally and graphically. The results of the survey provide interesting findings in the category of small and medium enterprises, and large enterprises.