Integration of sustainable development and accounting of the Venezuelan public sector

For more than 30 years, international organizations have been dedicated to promoting sustainability, which implies "moving from a quantitative process (based on economic growth) to a qualitative one, where close relationships between economic, social and and environmental". In June 2023, the International Sustainability Standards Board (ISSB) published two sustainability and climate financial standards, marking the beginning of a new era related to sustainability. The introduction of sustainability in the public sector is necessary, because in the economic activities they carry out, certain impacts are generated on the environment, as well as socially. The main objective of this research is to determine the integration of sustainability and Venezuelan public accounting, as a challenge from the financial perspective of international sustainability and climate standards. It was concluded that it will be up to the National Public Accounting Office (ONCOP) to work on said link. It is expected that public organizations in Venezuela will see the need to venture into this accounting practice developed at an international level, since it will allow them to have financial statements that are in line with international standards, generating better contributions to the actions of public organizations.