Theoretical and Applied Economics
No. 10 / 2006 (505)
Environmental Management Accounting (EMA): Reflection of Environmental Factors in the Accounting Processes through the Identification of the Environmental Costs Attached to Products, Processes and Services
Aureliana Geta Roman
Costantin Roman
Academia de Studii Economice Bucuresti
Alexandru Manole
Universitatea Artifex Bucuresti
Abstract. EMA can be defined as the identification, collection, estimation, analysis, internal reporting, and use of materials and energy flow information, environmental cost information, and other cost information for both conventional and environmental decision-making within an organization. Thus EMA incorporates and integrates two of the three building blocks of sustainable development – environment and economics – as they relate to an organization’s internal decision-making. EMA is a relatively new tool in environmental management. Decades ago environmental costs were very low, so it seemed wise to include them in the overhead account for simplicity and convenience. Recently there has been a steep rise in all environmental costs, including energy and water prices as well as liabilities.
Contents
Empirical Approaches of the Public-Private Partnership in the Services of Public Utility
Informational Asymmetry, Sustainable Growth, Exploitation and Obligation Risks
Regulation Strategy in Natural Gas Sector. The Romanian Case
Indirect Instruments of Prudential Supervision
About some Entropy Aspects of Dissipative Systems
Aspects about Statistical Inference
Determinants of Business Cycle Convergence in Euro Area. The Romanian Case
The Institutional Investors and Corporate Governance
Proposal of Controlling Implementation in a Romanian Company
Endogenous Growth Paradigm. Implications for Economic Policy and Theory
Industrial Policy Approaches from Theory to Practice in European Union
Environmental Management Accounting (EMA): Reflection of Environmental Factors in the Accounting Processes through the Identification of the Environmental Costs Attached to Products, Processes and Services
Using the Agent-Based Modeling in Economic Field
Escape from the Alternative