Do Personal Values Influence Reported Financial Value in an Environmental Crisis? Accountants’ readiness to recognise and estimate environmental-related financial risks on the balance sheet.

Key Points

• Reported financial value is influenced by personal values during environmental crises, affecting estimates.
• Key evidence shows that accountants' readiness to recognize environmental-related financial risks varies significantly.
• Analysis reveals differences in financial risk perception based on personal values regarding environmental issues.
• Findings suggest a call for improved training on environmental financial risks in accounting practices.