Abstract
Since the end of the 20th century, in the context of developing rational consumption of natural resources, energy efficiency and solving environmental problems related to the management and burial of municipal waste, there is a need to take into account the consumption of natural capital, its degradation, as well as to determine the growth of gaseous energy resources in assessing economic growth in both the whole country, and in a separate organization that buries municipal waste and extract biogas. Therefore, the authors set forward the objective of the research: to develop the account of gaseous resources stocks (biogas) and assimilation resource as elements of natural capital. For the purpose of the achievement of aim, the authors apply generally accepted economic research methods. The article considers the economic essence of assimilation and gaseous energy resources of municipal waste as new objects of accounting. Both accounting objects are considered as long-term assets. The authors propose an accounting model for natural resources, which provides with information on the consumption of ecosystem capital and its degradation. It is proposed to estimate the assimilation potential of the environment at fair value (according to the current market) in the presented accounting model. As a result of the study on the possibilities of applying parallel accounting for long-term natural resources, we propose to account the gaseous resources in two assessments: on the one hand, based on actual costs associated with investing in the formation and attraction of alternative technogenic energy resources in economic activity, on the other hand-at the fair value (current market value) of the methane stocks.
Highlights
Changes in approaches to assessing sustainable development, the economic potential of the country in the 21st century, have made it necessary to take into account natural capital and its reflection in the reporting of business entities
With the purpose of determining economic growth and solving environmental problems and ensuring sustainable development of nature management, there is a need to develop accounting for natural resources in organizations that carry out municipal waste disposal and biogas extraction
We have presented in this article: the economic essence of biogas reserves and assimilation potential as accounting objects; a natural resources accounting system and reflection them in financial statement
Summary
Changes in approaches to assessing sustainable development, the economic potential of the country in the 21st century, have made it necessary to take into account natural capital and its reflection in the reporting of business entities. Municipal waste flows, their accumulation are subject to mandatory assessment in physical units for rational management and forecasting of the emission of gaseous resources in the body of the landfill As it was already noted, there are no data on the economic value of gas reserves in the accounting of organizations that extract biogas from the landfill body. As a result of the study on the possibilities of applying parallel accounting for long-term natural resources, we propose to account the technogenic gaseous resources as a long-term asset in two assessments: on the one hand, based on actual costs associated with investing in the formation and attraction of alternative technogenic energy resources in economic activity (costs of economic activity right and so on, the costs of acquiring devices to maintain temperature level in the body of the landfill, bioreactors, wells and pumps, etc.), on the other hand - at the fair value (current market value) of the methane stocks. The source of intangible assets at the actual cost will be either own capital or liabilities
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