Environmental Accounting & Reporting

Environmental accounting at corporate level deals with identification, measurement, recognition and disclosure of environmental costs, liabilities and contingencies in the financial records of a company for the benefit of various internal and external stakeholders. This book provides a broad introduction to the whole area of environmental accounting and reporting (EAR). It covers environmental accounting, environmental reporting, and environmental auditing together as these are interrelated and form a very important part of a company's comprehensive environmental management system. An attempt has also been made to assess the need for a separate regulatory framework to address these issues more specifically.