WIT Press


The Accounting Information As A Support To Sustainable Development

Price

Free (open access)

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: •

Keywords