What if Discuss the role of accounting in corporate social responsibility $($CSR$)$ and sustainability reporting. Explain the importance of integrating environmental, social, and governance $($ESG$)$ factors into financial reporting and how this integration can affect a company's financial performance and stakeholder relationships. Provide examples of specific CSR and sustainability metrics that companies may report, such as carbon emissions, energy usage, and social impact initiatives. Analyze the role of reporting frameworks and standards, such as the Global Reporting Initiative $($GRI$),$ the Sustainability Accounting Standards Board $($SASB$),$ and the Task Force on Climate$-$related Financial Disclosures $($TCFD$),$ in guiding CSR and sustainability reporting. Discuss the challenges of measuring and reporting non$-$financial information and the potential impact on financial statements. How can accountants and auditors ensure the reliability and comparability of CSR and sustainability reports? Consider the implications of CSR and sustainability reporting for corporate strategy and stakeholder engagement. $10$ points