Environmental cost accounting and auditing
Abstract
An environmental cost accounting system is a flow‐ and decision‐oriented extension of traditional cost accounting systems. It is based on cause‐and‐effect analysis which helps to assign the costs of environmental impacts correctly to their perpetrators. This article attempts to demonstrate how to use an environmental cost accounting system for internal and external audits and performance improvements. The generated information is appropriate to see if objectives and targets are achieved. High amounts of environmental impacts point to inefficiencies in the production area. Their elimination can help accomplish both ecological and business goals of a company.
Keywords
Citation
Letmathe, P. and Doost, R.K. (2000), "Environmental cost accounting and auditing", Managerial Auditing Journal, Vol. 15 No. 8, pp. 424-431. https://doi.org/10.1108/02686900010354709
Publisher
:MCB UP Ltd
Copyright © 2000, MCB UP Limited