Working Papers in Accounting and Finance -ACCOUNTING FOR ENVIRONMENTAL COST
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In response to various pressures, businesses have begun to report externally on their
environmental policy and performance. The significance of such external reporting depends on
the extent of changes in management culture and systems and on how new measures influence
management decisions. The 'greening of accountancy' involves a reappraisal of how to identify
and measure the relevant costs of processes and products (such as 'Total Cost Assessment') and
a redesign of incentive mechanisms. Through these changes managerial decisions and corporate
behaviour may be refocussed towards the goal of achieving sustainable development, for
example by pursuing a viable industrial ecology....
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Working Papers in Accounting and Finance -ACCOUNTING FOR ENVIRONMENTAL COST
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Working Papers in Accounting and Finance -ACCOUNTING FOR ENVIRONMENTAL COST
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