Environmental Accounting

4 April 2015
This paper explains in-depth, the terminology and structure of environmental accounting. The author address issues that show how environmental cost and performance deserve management attention.
” Environmental accounting is a broad based term that refers to the incorporation of environmental cost and information in to a variety accounting practices. Companies are increasingly aware of the environmental aspects of their businesses. More and more managers want to consider the beneficial and adverse environmental implications of their business activities, products, and services. These implications include impacts on environmental conditions, associated financial effects, corporate image consequences, and significance for business strategy.”
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