Eco-oriented management accounting system as a tool for sustainable functioning of an economic entity

Natalia Varaksa,Maria Alimova,Sergey Alimov,G Roos

doi:10.1051/e3sconf/202129107013

Abstract

Modern challenges of a global nature, as well as dependence on environmental impacts, dictate the need to determine environmental costs for economic entities, as well as account, analyze and control them. In this regard, the system of environmental management accounting is one of the tools that ensure the sustainable functioning of the enterprise. The article examines the categorical apparatus of an eco-oriented management accounting system in order to study the presented topic. The paper propose a system of information support for environmental management accounting for the purpose of improving environmental safety and leveling existing environmental risks. The main objects of environmental management accounting are identified and the reflection of payments in the environmental sphere on a separate account with the necessary level of detail for the effective functioning of the system is justified. The paper also formulates problems for further research of the environmental management accounting system using advanced achievements and practices in the world scientific arena.

Highlights

The course on the greening of the economy and sustainable economic development determines the need for the introduction of an environmental management system for economic entities under ISO 14007:2019 [1]
The paper propose a system of information support for environmental management accounting for the purpose of improving environmental safety and leveling existing environmental risks
The assessment of environmental costs determines the need for the formation of an environmental management accounting system

Summary

Introduction

The course on the greening of the economy and sustainable economic development determines the need for the introduction of an environmental management system for economic entities under ISO 14007:2019 [1]. The assessment of environmental costs determines the need for the formation of an environmental management accounting system. The need for the formation, subsequent generalization, and systematization of information flows within the functioning of an environmentally oriented management accounting system, as well as the search for adequate tools of this system that meet modern realities and external challenges are largely determined by increasing environmental risks both at the enterprise level and at the state level. Existing studies on the construction of an environmental accounting system at enterprises in various sectors of the national economy and the use of methods for generating information about the amount of environmental costs do not disclose all the advantages and specific features of environmental management accounting

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Results

Conclusion