▁account ing ▁in ▁manager ial ▁account ing ▁contrast s ▁with ▁financial ▁account ing ▁in ▁that ▁manager ial ▁account ing ▁is ▁used ▁for ▁internal ▁decision ▁making ▁and ▁the ▁creation ▁of ▁new ▁policies ▁that ▁will ▁have ▁an ▁effect ▁on ▁the ▁organisation ' s ▁performance ▁at ▁economic , ▁e colog ical , ▁and ▁social ▁( known ▁as ▁the ▁triple ▁bottom ▁line ▁or ▁Tri ple - P ' s ; ▁People , ▁Planet , ▁Prof it ) ▁level . ▁S ust ain ability ▁account ing ▁is ▁often ▁used ▁to ▁generate ▁value ▁creation ▁within ▁an ▁organisation . ▁ ▁S ust ain ability ▁account ing ▁is ▁a ▁tool ▁used ▁by ▁organis ations ▁to ▁become ▁more ▁sust ain able . ▁The ▁most ▁known ▁widely ▁used ▁measurements ▁are ▁the ▁Corpor ate ▁S ust ain ability ▁Report ing ▁( CS R ) ▁and ▁triple ▁bottom ▁line ▁account ing . ▁These ▁recogn ise ▁the ▁role ▁of ▁financial ▁information ▁and ▁shows ▁how ▁traditional ▁account ing ▁is ▁extended ▁by ▁impro ving ▁trans par ency ▁and ▁account ability ▁by ▁reporting ▁on ▁the ▁Tri ple - P ' s . ▁ ▁As ▁a ▁result ▁of ▁triple ▁bottom ▁level ▁reporting , ▁and ▁in ▁order ▁to ▁render ▁and ▁guarantee ▁consist ency ▁in ▁social ▁and ▁environmental ▁information , ▁the ▁G RI ▁( Global ▁Report ing ▁In iti ative ) ▁was ▁established ▁with ▁the ▁goal ▁to ▁provide ▁gu idel ines ▁to ▁organis ations ▁reporting ▁on ▁sust ain ability . ▁In ▁some ▁countries , ▁gu idel ines ▁were ▁developed ▁to ▁complement ▁the ▁G RI . ▁The ▁G RI ▁states ▁that ▁" report