The Accounting Information As A Support To Sustainable Development
Price
Free (open access)
Transaction
Volume
39
Pages
10
Published
2000
Size
1,262 kb
Paper DOI
10.2495/URS000161
Copyright
WIT Press
Author(s)
M. de Souza Ribeiro & L.N. de Carvalho
Abstract
Accounting has as its primary objective the measurement and reporting of the financial position of business enterprises and their operational performance. In this context, expenditures aiming at environmental protection increase the impact and usefulness of such information. Accounting systems and their related concepts and practice can be applied to measure and disclose the contribution of each company to the sustainable development. This is possible to the extent that information about investments carried out to preserve and protect the environment, operational expenses for this purpose and liabilities arising from their interface with the environment are properly disclosed. The disclosure of such information produces three main benefits: •
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