Full cost accounting and social environmental effects on global warming phenomenon

Citation

(2010), "Full cost accounting and social environmental effects on global warming phenomenon", International Journal of Accounting & Information Management, Vol. 18 No. 1. https://doi.org/10.1108/ijaim.2010.36618aad.021

Full cost accounting and social environmental effects on global warming phenomenon

Article Type: AMIS statement and abstracts From: International Journal of Accounting and Information Management, Volume 18, Issue 1

Abstract

The purpose of this research is a critical analysis of current knowledge in the field of accounting recognition policies and procedures as well as social and environmental reporting, leading to a conceptual clarification of externalities induced by global warming effects. We propose a review of full cost accounting (FCA) literature that allows the conventional costing model to expand to an eco-costing model able to generate costs that are compatible with the sustainable development objectives. The study represents a fundamental inductive research, using qualitative methods to identify the theoretical and practical difficulties of externalities recognition in social and environmental accounting. Thus, a pertinent knowledge base on externalities will emerge, in order to incorporate external costs into the conventional accounting model.

Keywords Global warming, Externalities, Full cost accounting, Social and environmental accounting model, Stakeholders

Cornelia Dascălu, Chira£a Caraiani, Raluca GuŞe, Camelia Iuliana Lungu and Florian Colceag

The Bucharest Academy of Economic Studies, Bucharest, Romania

Corresponding author

Cornelia Dascălu can be contacted at: cornelia.dascalu@cig.ase.ro