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Application Of Environmental Accounting Methods In Business

Author

Listed:
  • Adriana IACOB (ZAVINCU)

    (Valahia University of Targoviste,)

  • Ionel CIOBANU

    (Valahia University of Targoviste)

  • Elena Liliana COMAN,

    (Valahia University of Targoviste,)

Abstract

Environmental accounting methods can have a significant impact on businesses, both financial and environmental level. First, implementing environmental accounting methods can identify cost-saving opportunities by evaluating a company's environmental performance. Second, the application of environmental accounting methods can have a positive financial impact on the management system of enterprises, helping to make more informed decisions about investments and operations and by identifying and mitigating potential risks. In this context, the main objective of this article is to present the advantages of implementing environmental accounting by applying specific cost calculation methods. Research design is based on combining the two essential forms of any research – theoretical and empirical, taking the middle path using empirical rational reasoning.

Suggested Citation

  • 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.
    • Handle: RePEc:sdb:social:v:12:y:2024:i:1:p:1-8
    as

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    References listed on IDEAS

    as
    1. 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.
    2. Sorina Geanina Stanescu & Ion Cucui & Constantin Aurelian Ionescu & Liliana Paschia & Mihaela Denisa Coman & Nicoleta Luminiţa Gudanescu Nicolau & Marilena Carmen Uzlau & Mihaela Leasa Lixandru, 2021. "Conceptual Model for Integrating Environmental Impact in Managerial Accounting Information Systems," IJERPH, MDPI, vol. 18(4), pages 1-21, February.
    3. Wen-Hsien Tsai & Thomas W. Lin & Wen-Chin Chou, 2010. "Integrating activity-based costing and environmental cost accounting systems: a case study," International Journal of Business and Systems Research, Inderscience Enterprises Ltd, vol. 4(2), pages 186-208.
    4. Bing Xu & Wen-Tsao Pan, 2022. "Cost Accounting Algorithm of Environmental Pollution Control Based on Discrete Probability," Discrete Dynamics in Nature and Society, Hindawi, vol. 2022, pages 1-11, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    environmental accounting; costs; cost calculation methods.;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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