Exploring Natural Resource Asset Retirement Auditing in the Context of Sustainable Development

DOI

10.2991/978-94-6463-408-2_46How to use a DOI?

Keywords

natural resources; retirement auditing; sustainable development

Abstract

Natural resource asset retirement auditing plays a pivotal role in the pursuit of sustainable development. This audit evaluates the sustainability of resource management, enhances resource utilization efficiency, ensures compliance with legal and regulatory requirements, promotes institutional development, and fosters increased societal participation and public oversight. By identifying issues and deficiencies in resource management, the audit provides valuable guidance and recommendations for improving practices, optimizing resource utilization methods, reducing wastage, and advancing the level of sustainable resource utilization. Through rigorous compliance assessments, the audit safeguards against detrimental impacts on sustainable development resulting from non-compliance. Additionally, the audit drives the establishment of robust resource management systems, reinforcing regulatory frameworks and supervision mechanisms to improve transparency, standardization, and long-term sustainability. Furthermore, it emphasizes the significance of societal engagement and public oversight, thus enhancing transparency, fairness, and fostering broad consensus in resource management practices.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Xue Yang
AU  - Yan Gao
PY  - 2024
DA  - 2024/05/07
TI  - Exploring Natural Resource Asset Retirement Auditing in the Context of Sustainable Development
BT  - Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
PB  - Atlantis Press
SP  - 406
EP  - 411
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-408-2_46
DO  - 10.2991/978-94-6463-408-2_46
ID  - Yang2024
ER  -