ISSN:
0268-6902
Source:
Emerald Fulltext Archive Database 1994-2005
Topics:
Economics
Notes:
Environmental costs and obligations are significantly growing andwill continue to grow as our society becomes more environmentallyconscious and environmental regulations increase. Examines thesignificance of environmental outlays, discusses existing governmentalregulations and accounting standards pertaining to environmentalconcerns, investigates the current accounting practices of environmentalcosts and obligations, and makes recommendations for proper measurement,recognition and disclosure of environmental outlays. Examines annualreports of the studied companies and reveals inconsistencies inaccounting practices for measurement, recognition and disclosures ofenvironmental outlays. Suggests these inconsistencies are primarily dueto lack of sufficient and uniform authoritative accounting standards andever-changing public policy and regulatory standards. Indicates thatsociety will benefit from uniform and specified accounting standards forenvironmental reporting in protecting organizations' financial health.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1108/02686909510093598
