Developing the Concept of Sustainability Accounting Based On the Tacit Knowledge of Managers in Iran

Sustainability accounting and sustainable quality gather companies to develop practical characteristics in individual and social accounting, including accounting ethics for better communication along with efficiency and strategy. This research provided a corporate sustainability accounting model following Putang (2011) by predicting the causal relationship between managers’ tacit knowledge and sustainability accounting. Dimensions of managers’ tacit knowledge and various structures of sustainability accounting, including ethics, volunteerism, transparency, human capital, and social responsibility reporting is identified and analyzed. The research population was all managers of the studied companies, and a standard questionnaire was used to collect data. The data were analyzed based on the Lineal Structural Relations after reliability and validity tests. The results indicated that managers’ tacit knowledge regarding financial and tax issues affected sustainability structures, strengthening corporate sustainability accounting. Therefore, top and middle managers, as well as financial managers, are recommended to pay more attention to the tacit knowledge of managers and include it in their decision-making models because this factor can be a basis for strengthening sustainability accounting.