Environmental Management Accounting: Identifying Future Potentials
AbstractThis study evaluates the use of environmental management accounting (EMA) in maintaining business processes among industrial companies. EMA is a management tool related to environment accountability. It is utilised to improve the financial and environmental performances of companies to achieve sustainability. This study reviews management accounting literature that has examined industrial environmental pollution. Results show that companies that conduct environmental activities identify the problem associated with the environment as environmental cost. This cost is reported in the environmental cost report, which provides a clear, detailed picture of all environment costs. The environmental cost report assists managers in their decision-making process. Generally, companies do not adhere to environmental accountability. In addition, the environmental cost report of companies cannot separated from their financial statements.
Keywords: environmental management accounting, environmental accounting, financialperformance, environmental performance, environmental costs
Unless otherwise stated, this website and all content within this site are the property of Universiti Teknologi MARA Malaysia and are protected by copyright and other intellectual property laws.
All rights are reserved and users must seek our permission before making any other use of material contained in this site. Modification of any content constitutes a breach of copyright and of Universiti Teknologi MARA Malaysia proprietary rights.