Triple Bottom Line Accounting
Discover the Triple Bottom Line approach to accounting. Explore financial, social, and environmental considerations in business decisions. Elevate your ability to manage resources and drive sustainable profitability.Course Duration:3 hoursCredits:CEU Credits: 0.3AMA PCM CEU Credits: 0PDU Credits: 0HRCI Credits: 3SHRM Credits: 3CFRE Credits: 0ATD CI Credits: 3ACE Credits: 0 Course Description In order to pursue the goal of sustainability, corporate and government leaders must manage companies and economies in terms of balancing and optimizing the triple bottom line of social, environmental, and economic impacts. The Triple Bottom Line concept, also known as the "3Ps" ("People, Planet, and Profit"), is both a metaphor for thinking about sustainability as well as the basis for a practical framework for accounting and reporting on organizations' activities and impacts. The TBL concept borrows the well-known and widely accepted idea of financial accounting and its "bott