Question

Do you see sustainability as something that will have a future impact on financial reporting and general accountability? (i.e. Rights to Resources, Potential Future Liabilities, Risk Mitigation, and Intangibles)

Answer 1

Sustainability is something that is considered with the use of present resources. It is such use of resources in which the present needs can be fulfilled and there is enough resources left for the future generations also.
Sustainability in today's world is required the most and in business it will have a future impact on financial reporting and general accountability.
This is so, because now people are becoming more and more aware about natural resources and their use in business, makes people aware about the products they are using.

Businesses are now required to show such use of resources and their financial reporting and general accountability, as the society demands for it.
As to any business this is it gives the right to such business to prevail in society and have full rights to make such business shut down all its working. So for any business to stay in market the sustainability development of such business is the most required and such business will have to think of of the future generations also.

So, in this case it can be said that sustainability is something that will have a future impact on financial reporting and general accountability.