Transnational Project Meeting in Vilnius: Advancing Sustainability in Accounting Education

We are pleased to share highlights from the ASSET Transnational Project Meeting held in Vilnius, Lithuania from 11โ€“13 December ๐Ÿ‡ฑ๐Ÿ‡น. Hosted by ISM University of Management and Economics and expertly organized by Valdone Darskuviene, the three-day meeting brought together our international consortium of partners working to embed sustainability into university accounting programs.ย 

The sessions were chaired by Francesca Cesaroni from the University of Urbino, whose leadership helped guide productive discussions and strategic planning. Throughout the meeting, partners reviewed project progress, refined key activities, and moved forward with preparations for the next major milestone.ย 

We are excited to announce that the ISP dates are confirmed: 13โ€“19 September 2026 ๐Ÿ“…. This cross-institutional educational initiative brings together students and academics from our partner universities to explore innovative teaching modules on sustainability, ESG reporting, sustainability management accounting, assurance, and strategic decisionmakingโ€”key areas at the heart of ASSETโ€™s mission.

The collaboration across teams in Vilnius was both inspiring and productive, reinforcing our shared commitment to advancing sustainability literacy and transformative pedagogy within accounting education. The lively exchanges and joint planning sessions have set a strong pace as we approach the ISP and continue shaping impactful project outcomes.

A heartfelt thanks to our hosts at ISM University and to all partners for their dedication and engagement. We look forward to continuing this momentum and reconnecting at our next Transnational Project Meeting in April in Vigo, Spain.

Reflections on ISP 2 of ASSET: Studentsโ€™ Voices Shaping Sustainability in Accounting

Over the past weeks, the second Intensive Study Program (ISP 2) under the ASSET (Accounting for Sustainability, Social and Environmental Transparency) initiative has drawn to a close โ€” and what an inspiring journey it has been. For those unfamiliar, the ASSET project, coordinated by the University of Urbino and its European partners, aims to embed sustainability deeply into the curricula of accounting, auditing, and related fields.

Here are some highlights and reflectionsโ€”as shared by the studentsโ€”that show not only what was learned, but also why this kind of programme matters more than ever.

What is ASSET, and what ISP 2 aims for

Before diving into the feedback, a quick recap:

  • The ASSET project responds to growing global demandsโ€”from regulators, markets, and societyโ€”for accountants to not only understand financial flows, but also environmental, social, and governance (ESG) dimensions.
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  • Traditional vocationalโ€‘technical teaching methods are being enriched (or replaced) with more interactive, experiential, reflective pedagogies: case studies, role playing, debates, peer feedback, etc.
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  • Within each ISP, students engage in modules such as ESG reporting, sustainability assurance, management accounting within sustainability, taxation + strategic decision making.

ISP 2 continued this traditionโ€”with even more opportunities for collaboration, crossโ€‘border learning, and handsโ€‘on practice.

What Students tell us

Here are some of the most powerful themes from student feedback. These voices underscore what is working, and where the educational experience is transforming mindsets.

1. Sustainability is no longer just a buzzwordโ€”itโ€™s foundational.

โ€œSustainability is here to stay. It is no longer just a noble statement of intent โ€” today, companies must know how to report their ESG actions…โ€ โ€” Santiago Garcรญa.
This captures the shift many students feel: sustainability is increasingly central to business, accounting, auditingโ€”not optional, but essential.

2. Learning by doing, with global perspectives, makes the difference.
Students appreciated the diversity of peers and academic perspectives. The case studies, debates, and teamwork with people from different cultural and disciplinary backgrounds expanded not only their technical understanding but also their sense of possibilities. Antรญa Rodrรญguez says:

โ€œ…it was about teamwork, case studies, and discussions. What made it even more valuable was the feedback we exchanged, the diverse perspectives…โ€

3. Challenge fosters growth.
The program was โ€œintensive and demandingโ€ โ€” in positive ways. Tight deadlines, difficult technical content, and the need to communicate complex ideas in English under real pressure pushed many students beyond their comfort zones. But that challenge seems to have translated into confidence, resilience, and clearer vision for their future roles.

4. Beyond technique: people, values, and collaboration matter.
It wasn’t just about learning new accounting tools or reading ESG reports. Many students emphasized how much the human elementโ€”the friendships, the cultural exchange, the shared valuesโ€”added to their learning. As one put it, the project underscored that embedding sustainability isnโ€™t only a technical task, but also a deeply social one.

5. Motivation & sense of purpose renewed.
Several students expressed that completing ISP 2 left them with not just new knowledge, but renewed motivation. To pursue careers where sustainability is integrated into decision-making; to push for change; to ask bold questions. Darius Pavliukovic summed it up:

โ€œSeeing different perspectives come together was truly rewardingโ€ฆโ€

Why This Mattersโ€”not just for Students

  • For universities: ISP 2 shows that sustainabilityโ€oriented education, when done interactively and crossโ€‘culturally, resonates. It’s not just about adding a module on ESG, but transforming methods and mindsets.
  • For employers & society: Graduates leave not only with theoretical knowledge, but with experience in grappling with real questionsโ€”how to assure ESG information, how to integrate reporting and strategic decision-making, how to act ethically when frameworks are still evolving.
  • For policy: Studentsโ€™ demand for clarity (on ESG assurance standards, on sustainable reporting regulation) reflects broader societal demand for regulation, transparency, and accountability.

Moving Forward

As the ASSET project continues, here are some takeaways to carry forward:

  • Keep enhancing interactivity and experiential learningโ€”it clearly makes a difference.
  • Maintain diversity of perspectivesโ€”geographic, academic, culturalโ€”to push students to think beyond common frameworks.
  • Provide space for reflectionโ€”not just on โ€œwhat we learned,โ€ but โ€œhow we see our role.โ€

Intensify connection with realโ€‘world practice: stakeholders, regulation, companies.

Final Thoughts

The conclusion of ISP 2 isnโ€™t really an endโ€”itโ€™s a launching pad. From the feedback of students like Santiago, Antรญa, Darius and others, it’s clear that programs like ASSET are helping build a new generation of accounting professionals. Professionals who understand that in the 21st century, numbers countโ€”but the context, values, and impact behind them matter just as much.

If youโ€™re reading this as an educator, employer, or policymakerโ€”listen to the students. They are helping sketch the blueprint for an accounting profession rooted in sustainability, purpose, and societal contribution. And that blueprint deserves to be built.

Thanks for reading. Iโ€™d be interested to hear your thoughts: how should sustainability reshape professional education in accounting? What works well โ€“ or doesnโ€™t โ€“ in your experience? Tell us on LinkedIn!

ASSET ISP 2025: A Week of European Collaboration and Sustainability Education in Vannes, France

From September 14โ€“19, 2025, the coastal city of Vannes, France, hosted the second Intensive Study Program (ISP) of the ASSET Project โ€“ Accounting for Sustainability, Social and Environmental Transparency, bringing together students and academic staff from eight European universities for a week of intercultural learning and academic exchange.

A Multinational Gathering

The event, organized at Universitรฉ de Bretagne Sud (UBS), marked a significant step in the ASSET project, co-funded by the Erasmus+ Programme. Participants from Austria, France, Greece, Italy, Lithuania, Portugal, Romania, and Spain took part in an intensive, hands-on exploration of sustainability topics in accounting and business.

After a warm welcome dinner at the iconic Brasserie Saint Vincent, the ISP officially kicked off with an opening session featuring:

  • Prof. Yolande Piris, Director of IAE (UBS)
  • Prof. Sabine Graschitz, President of the AFECA Network
  • Dr. Francesca Maria Cesaroni, ASSET Project Leader

Students also delivered engaging country presentations, showcasing the diverse backgrounds and approaches to sustainability across Europe.

Learning through Teaching Modules

Throughout the week, students participated in four interdisciplinary teaching modules, designed to build a comprehensive understanding of sustainability in accounting:

TM1: Disclosing Business Value through Sustainability and ESG Reporting
This module explored corporate sustainability reporting through real-world case studies and hands-on assessments. Students applied scoring systems to evaluate transparency and compliance with current EU regulations such as NFRD and CSRD.
TM2: Providing Assurance on Sustainability Reports
Focusing on assurance practices, this module used the fictional company “4-Airlines” as a case study to simulate the audit process of non-financial disclosures โ€” a critical skill in todayโ€™s evolving regulatory context.
TM3: Sustainability Management Accounting
In this module, students learned how internal accounting systems can support sustainable business decisions, analyzing costs, impacts, and strategies for long-term value creation.
TM4: Sustainability, Taxation and Strategic Decision-Making
The final module tackled the intersection between sustainability and taxation, encouraging students to think critically about policy, ethical taxation, and the role of fiscal systems in driving sustainable outcomes.

More Than Just Lectures

Beyond the classroom, the ISP included a guided tour of the historic center of Vannes, cultural events, and collaborative dinners that helped foster international friendships and networks.

A special moment during the week was the presentation of the book Modern History of Accounting in Europe, co-authored by scholars from the countries participating in the ASSET project and members of the AFECA association. Recently published, the volume is dedicated to Lucien Jaffrรฉ, founder of AFECA. The presentation took place in the presence of Mrs. Madeleine Jaffrรฉ, as a tribute to his legacy. This emotional tribute underscored the importance of preserving accountingโ€™s historical legacy while shaping its sustainable future.

Looking Ahead

As the ISP concluded with the presentation of certificates and a gala dinner, the ASSET team looks forward to the next phases of the project โ€” including upcoming teaching events, dissemination activities, and the creation of open educational resources.
The experience in Vannes reinforced the core values of ASSET:
collaboration, innovation, and a shared European commitment to a more transparent and sustainable future!

 

Preparing for the Second Intensive Study Program in Vannes!

The partners of the ASSET project recently held an internal coordination meeting to continue preparations for the second Intensive Study Program (ISP), which will take place this September in Vannes, France, and will be hosted by Universitรฉ de Bretagne Sud ๐Ÿ‡ซ๐Ÿ‡ท.

The discussion focused on administrative matters, especially the travel arrangements and related costs, as well as the initial planning of the training materials that will support students during the program.

By integrating sustainability into accounting education through innovative pedagogical practices, the ASSET project aims to equip students with the skills and mindset needed to tackle todayโ€™s social and environmental challenges.

We are excited to keep building this next learning opportunity โ€” shaping future accounting professionals who are ready to lead the change toward a more sustainable future.

๐Ÿ‘‰ While waiting for more updates about ISP 2, take a moment to revisit what you learned during ISP 1!

Collaboration is key!

Our ASSET Sustainability Assurance Team โ€“ Oana Bogdan, Alin Dumitrescu, Cristina Circa, and Sabine Graschitz from the West University of Timisoara and the Johannes-Kepler University Linz โ€“ is hard at work revising the ASSET Case Study on Sustainability Assurance. ๐Ÿš€...

Student Spotlight: Paolo Palladino and Daniela Genito about ASSET

STUDENTS’ FEEDBACK. Since December 2023, the university has been leading the ASSET โ€“ Teaching Accounting for Sustainability, Social and Environmental Transparency project, under the Erasmus+ Higher Education programs.

ASSET on the University of Urbino’s blog

The partners of the ASSET project recently held an internal coordination meeting to continue preparations for the second Intensive Study Program (ISP), which will take place this September in Vannes, France, and will be hosted by Universitรฉ de Bretagne Sud ๐Ÿ‡ซ๐Ÿ‡ท. The...

Exciting Feedback from Our First ISP! ๐ŸŒŸ

We're excited to announce that the first ISP (Intensive Study Program) of the ASSET Project took place in September 2024! ๐ŸŽ‰ The program kicked off with Teaching Module 1: "Disclosing Business Value through Sustainability and ESG Reporting." This module dives into how...

๐ŸŒŸ UVigo Showcases ASSET Project at Open Space 2024 ๐ŸŒŸ

Last week, the University of Vigo (UVigo) participated at the Open Space 2024, organized by the European University Foundation and hosted by the University of Murcia, Spain. Our team had the incredible opportunity to share insights and developments from the ASSET...

๐ŸŒ Exciting Days at the ASSET Project Meeting! ๐ŸŒ

Last week, ASSET project teams gathered for a pivotal two-day meeting, filled with insightful discussions and strategic planning, paving the way for transformative changes in accounting education.ย  Hereโ€™s a glimpse into the key sessions and outcomes from May 24-25: ๐Ÿš€...

๐ŸŒŸTeam ASSET attending the EAA Annual Meeting 2024 in Bucharest๐ŸŒŸ

Team ASSET is not only active in working together within Erasmus+ projects, we were also happy to meet each other at the EAA (European Accounting Association) Annual Meeting in Bucharest! It wasnโ€™t just about presenting our latest research; it was a fantastic...

Collaboration is key!

Our ASSET Sustainability Assurance Team โ€“ Oana Bogdan, Alin Dumitrescu, Cristina Circa, and Sabine Graschitz from the West University of Timisoara and the Johannes-Kepler University Linz โ€“ is hard at work revising the ASSET Case Study on Sustainability Assurance. ๐Ÿš€

Why? To address the latest challenges brought by the Omnibus Package ๐Ÿ“œ, which is set to significantly impact sustainability assurance practices. By keeping our case study up to date, weโ€™re equipping students with the skills they need to tackle real-world challenges through participation in an International Study Program (ISP). ๐ŸŽ“๐ŸŒŸ

But thatโ€™s not all! Beyond the ISP, our case study has been successfully integrated into regular courses at the University of Innsbruck and WU Wien. ๐Ÿซโœจ

A big thank you to Julia Baldauf and Jacqueline Strakova for their invaluable feedback and engagement in refining and improving our case study. ๐Ÿ™Œ Your contributions are helping us shape the future of sustainability assurance education! ๐Ÿ’ก

#Sustainability #Education #Collaboration #Innovation #ASSET #SustainabilityAssurance #Omnibus Package #Teamwork #JKU ๐Ÿ’š