Advanced Search
MyIDEAS: Login to save this article or follow this journal

Assets Restatement Model From The Natural Capital Maintenance Perspective

Contents:

Author Info

  • Gina Raluca GUSE

    ()
    (Academy of Economic Studies, Bucharest)

  • Viorel AVRAM

    ()
    (Academy of Economic Studies, Bucharest)

  • Adriana CALU

    ()
    (University of Bucharest)

  • Daniela Artemisa CALU

    ()
    (Academy of Economic Studies, Bucharest)

Abstract

The present research aims to propose a new approach to defining and measuring assets in terms of the negative effects and net benefits arising from their use and affecting the natural capital. In this regard, we provide a new definition and a reclassification of assets in three categories, depending on the nature of their environmental impact. The proposed categories are: natural assets, neutral assets and polluting assets. Given that natural assets can not be object to reliable measurements, we find as appropriate the current qualitative reporting techniques (Corporate Social Responsibility Reports – CSR). Balance sheet assets, reclassified as neutral assets and polluting assets will be restated based on an environmental factor. The proposed model may be used for financial and non-financial reporting of environmental issues, as well as an instrument for environmental audits and for the assessment of environmental risks.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.kadamar.ro/atharticles/2010-4/2010-4-2.pdf
Download Restriction: no

Bibliographic Info

Article provided by Athenaeum University of Bucharest in its journal Internal Auditing and Risk Management.

Volume (Year): 4 (2010)
Issue (Month): 20 (December)
Pages: 71 - 80

as in new window
Handle: RePEc:ath:journl:tome:20:y:2010(iv):i:20:71-80

Contact details of provider:
Web page: http://www.univath.ro/facultati/facultatea_de_stiinte_economice
More information through EDIRC

Related research

Keywords: neutral assets; polluting assets; environmental factor; environmental audit and risk; positive and negative externalities;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ath:journl:tome:20:y:2010(iv):i:20:71-80. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Emilia Vasile).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.