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Integrating the Environmental Accounting on the Information System of the Economic Entities

Author

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  • Constantin Aurelian IONESCU

    (Hyperion University of Bucharest)

Abstract

Integrating environmental accounting into economic entities is an urgent necessity for sustainable development and for getting long-term benefits. Sustainable development means providing the present needs of mankind without affecting the development of future generations, so we consider it is absolutely necessary to emphasize the importance of rational consumption of non-renewable resources and expanding consumption of renewable resources, increasing investment in green technologies, minimizing pollution, developing research and innovation, using biotechnologies, the increase of recycling of materials, the implementation of environmental management systems, all of these considerations being necessary to be applied in the economic entities to increase their profitability. The purpose of this paper is to present the cost typology used by the environmental accounting and its integration into the information system of the economic entities.

Suggested Citation

  • Constantin Aurelian IONESCU, 2017. "Integrating the Environmental Accounting on the Information System of the Economic Entities," Hyperion Economic Journal, Faculty of Economic Sciences, Hyperion University of Bucharest, Romania, vol. 5(2), pages 42-48, June.
  • Handle: RePEc:hyp:journl:v:5:y:2017:i:2:p:42-48
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    Cited by:

    1. Adriana IACOB (ZAVINCU) & Ionel CIOBANU & Elena Liliana COMAN,, 2024. "Application Of Environmental Accounting Methods In Business," Social-Economic Debates, Association for Entreprenorial Spirit Promotion, vol. 12(1), pages 1-8, octombrie.

    More about this item

    Keywords

    environmental accounting; environmental management system; sustainable development;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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