Universalization of Organizational and Methodological Approaches to Setting Environmental Management Accounting

Abstract

In the modern world and in the context of accounting reform, the environmental and economic requirements for the production activities of business entities pose serious tasks for the entire science and accounting community to develop environmental management accounting. One of the problems of sustainable development of environmental and economic processes is the lack of unity of views regarding the place of environmental accounting in the accounting system. One more problem is the lack of rules for maintaining and organizing environmental management accounting, which leads to inaccuracies in the information and analytical database of socio-environmental reporting. The relevance of the issues of accounting and analytical support for the control of environmental safety costs defines the tasks for ensuring the adoption of timely management decisions not only in terms of environmental management but also for the structures of the financial sector. The paper proposes a fundamentally new approach to the formation of universally applicable information of socially-oriented environmental accounting reports and analyzing the environmental activities of an enterprise. The authors substantiated the proposals for the practical application of the organizational and methodological aspects of environmental management accounting, based on the modernization of synthetic and analytical accounts for recording and controlling the costs of environmental business processes. These aspects also provide for the comprehensive accounting of environmental income and expenses. The practical use of research results by managers and accountants can significantly contribute to a more reliable determination of the effectiveness and efficiency of environmental activities of organizations.