Environmental Cost Accounting Research Articles

Environmental Cost Accounting of Material Flows During Their Technological Transformation

Environmental Cost Accounting of Material Flows During Their Technological Transformation

Arrangements for environmental costs analytical accounting at crop production enterprises

Subject. This article analyzes the approaches to the arrangements for analytical accounting of environmental costs in the application of process and job-order methods of cost accounting by enterprises specializing in the production of crop products. Objectives. The article aims to systematize and summarize knowledge about the problems and possibilities of analytical accounting of environmental costs at crop production enterprises. Methods. For the study, I used a dialectical approach, observation, synthesis and analysis, and the elements of accounting methods such as calculation, accounts etc. Results. The article formulates that the accounting of environmental costs requires greater detailing, which contradicts the essence of absorption costing analytics, and that the grouping of costs by individual order for the cultivation of environmentally friendly products does not guarantee the elimination of absorption costing approaches in accounting. The article proposes to include in the Methodological Recommendations of the Ministry of Agriculture of Russia information on absorption costing analytics with a detailed disclosure of the shortcomings of this approach in the context of job-order and process methods used at enterprises growing crop products. Conclusions. In financial accounting, the task of generating a calculation with a complete list of environmental costs is not feasible due to the heterogeneity of costs and regulatory constraints. To solve this problem, it is necessary to abandon absorption costing analytics, which contradicts the accounting of environmental costs, which, on the contrary, requires deeper detailing. The use of the job-order method in crop production does not solve the problem of absorption costing analytics.

Nexus of environmental accounting, sustainable production and financial performance: An integrated analysis using PLS-SEM, fsQCA, and NCA

This study delves into the complex interplay of environmental accounting, sustainable production, and financial performance within the textile industry in Bangladesh. The background highlights the growing importance of sustainable practices in the business landscape and the need for empirical insights in the context of textile companies. The purpose of the study is to uncover the impact of environmental accounting practices, such as environmental cost accounting, carbon accounting, and sustainability reporting, on financial performance. Employing a comprehensive methodology that combines Partial Least Squares Structural Equation Modeling (PLS-SEM), fuzzy-set Qualitative Comparative Analysis (fsQCA), and Necessity Condition Analysis (NCA), the research provides a nuanced understanding of the intricate relationships among these variables. The results reveal that environmental accounting positively influences financial outcomes, and sustainable production acts as both a direct enhancer of financial performance and a mediator in the relationship between environmental accounting initiatives and financial success. Practical and managerial implications emphasize the strategic integration of environmental accounting practices, prioritization of sustainable production, and the role of transparency in sustainability reporting for long-term financial success. Thus, the study offers a roadmap for businesses navigating the intersection of sustainability and financial performance, contributing valuable insights for both academia and industry practitioners.

Optimisation Analysis of Enterprise Environmental Cost Accounting Based on Support Vector Machine Model

Abstract Environmental cost accounting, as a developing field, has been implemented in enterprises for only a brief duration, revealing several areas necessitating enhancements. This paper presents an environmental cost accounting method based on Support Vector Machines (SVM) to address the challenges posed by large and complex data sets in enterprise ecological cost accounting. The technique employs the Radial Basis Function (RBF) kernel to optimize the SVM model, derives the linear regression equation for the Least Squares SVM (LS-SVM) model, and preprocesses enterprise environmental cost data. It integrates Material Flow Cost Accounting (MFCA) to extract essential environmental cost-related data for enterprises. In the empirical application within a tested enterprise, the total cost attributed to resource loss amounted to 1,423,002.55 yuan, representing 4.89% of total expenses, with material costs accounting for the highest share at 86.35%. The analysis suggests that enterprises should prioritize monitoring and managing material costs to minimize resource wastage. Regarding the accounting for external environmental damage, sulfur dioxide and fluoride emissions from material quantity center 1 were identified as the predominant pollutants, exceeding 90% of emissions. This highlights the need for targeted energy-saving and emission-reduction measures for these pollutants to mitigate their environmental impact.

Issues of environmental cost accounting in crop production at the present stage

Subject. This article analyzes the approaches to environmental cost accounting proposed by different researchers. Objectives. The article aims to systematize and summarize knowledge about the problems and opportunities of accounting for environmental costs at crop production enterprises, as well as develop recommendations for dealing with areas of concern of accounting. Methods. For the study, we used the methods of observation, synthesis and analysis, the dialectical approach, as well as accounting methods and their elements such as valuation, accounts and double entry, reporting, etc. Results. Based on the analysis of the possibilities of accounting for environmental costs in the conditions of modern automation, the article formulates the definition of environmental costs, which implies the possibility of influence of force majeure circumstances on the environmental component in the activities of the enterprise. It substantiates and proposes an approach to environmental cost accounting based on the allocation of current and capital expenditure items in financial accounting. Conclusions. In modern accounting programs, there is no need to use new accounts to summarize environmental costs. The introduction of an additional account leads to the division of costs between accounts, which contradicts the production accounting methodology implemented in accounting programs.

Retracted: Analysis on the Coupling Relationship between Natural Resource Loss and Environmental Pollution Cost Accounting in Chongqing

Retracted: Analysis on the Coupling Relationship between Natural Resource Loss and Environmental Pollution Cost Accounting in Chongqing

Analisis Penerapan Akuntansi Manajemen Lingkungan Dalam Pengungkapan Biaya Lingkungan Berdasarkan Perspektif Islam

In this modern economic era there are various rumors related to the surrounding area such as global warming, eco-efficiency. There are many illustrations of the interrelated issues of environmental degradation due to waste and exploitation. Environmental issues are becoming increasingly interesting to research along with the advancement of technology and global economy. This research seeks to reveal the application of environmental accounting in the disclosure of environmental costs based on an Islamic perspective at the sei baruhur plantation office of PT Perkebunan Nusantara III. This type of research uses qualitative methods, which are included in field research. The results showed that the analyzed company applies the ISO 14001 standard, from the environmental cost disclosure segment the company still does not carry out accounting practices in the form of comprehensive disclosure, and does not yet have a special accounting segment that deals with environmental issues. However, there has been a positive effort to provide simple details even though it is only about waste management, which can be considered a form of voluntary disclosure. Based on the Islamic Perspective, the implementation of Environmental Management Accounting and disclosure of environmental costs has been carried out in accordance with Islamic provisions.

The construction of environmental cost accounting system - based on ecological perspective

Abstract Re-conceptualization of environmental costs based on the ecological economy perspective. Through the analysis of the general domestic and international environment, it is found that the development of ecological economy is an inevitable choice in China at this stage. Therefore, we take the ecological perspective of environmental cost accounting as the basis of research. The research is based on the resources consumed in the production process and the need to spend a certain amount of money for treatment and protection after causing the decline of environmental service functions, respectively. A set of environmental cost accounting system based on CPCA-environmental cost model is constructed. The calculation shows that in the production cost stage, the environmental cost caused by resource depletion accounts for 23%. The percentage of environmental cost caused by human damage is 36%. The environmental cost caused by environmental degradation is the highest. The percentage is 43%. In the maintenance phase, the environmental cost of wastewater treatment is 18%. The share of environmental costs for waste gas treatment is 27%. The highest environmental cost is the environmental protection cost. Its share is as high as 55%.

Economic and Environmental Assessment of Hydrogen Production from Brazilian Energy Grid

The Brazilian energy grid is considered as one of the cleanest in the world, because it is composed of more than 80% of renewable energy sources. This work aimed to apply the levelized costs (LCOH) and environmental cost accounting techniques to demonstrate the feasibility of producing hydrogen (H2) by alkaline electrolysis powered by the Brazilian energy grid. A project of hydrogen production, with a lifetime of 20 years, had been evaluated by economical and sensitivity analysis. The production capacity (8.89 to 46.67 kg H2/h), production volume (25 to 100%), hydrogen sale price (1 to 5 USD/kg H2) and the MAR rate were varied. Results showed that at 2 USD/kg H2, all H2 production plant sizes are economically viable. On this condition, a payback of fewer than 4 years, an IRR greater than 31, a break-even point between 56 and 68% of the production volume and a ROI above 400% were found. The sensitivity analysis showed that the best economic condition was found at 35.56 kg H2/h of the plant size, which generated a net present value of USD 10.4 million. The cost of hydrogen varied between 1.26 and 1.64 USD/kg and a LCOH of 37.76 to 48.71 USD/MWh. LCA analysis showed that the hydrogen production project mitigated from 26 to 131 thousand tons of CO2, under the conditions studied.

Environmental Cost Accounting Practices in Waste Management

Purpose: This study aims to determine and analyze how TPST 3R Mulyoagung Bersatu discloses waste management and applies environmental cost accounting in the identification, recognition, measurement, presentation and disclosure of environmental costs in the financial statements, and classifies environmental costs into environmental prevention costs, environmental detection costs, internal environmental failure costs and external environmental failure costs. Methodology/approach: This research was conducted at the Integrated Waste Management Site (TPST) 3R Mulyoagung Bersatu, Dau District, Malang Regency. This research is a qualitative research. In this study using primary and secondary data. Primary data was obtained through interviews, documentation and observation in the field. While secondary data is obtained from data or documents of TPST 3R Mulyoagung Bersatu. Findings: The results of this study are that TPST 3R Mulyoagung Bersatu recognizes costs using the cash basic method and environmental costs are recognized as a component of production costs, namely general operational costs and fuel, employee costs and maintenance costs. Environmental costs at TPST 3R Mulyoagung Bersatu are environmental prevention costs; salary costs and costs of cleaning equipment and cleaning materials, environmental detection costs; none, environmental internal failure costs; vehicle and machinery maintenance costs, building and infrastructure maintenance costs, social costs, external failure costs; none. Practical implications: the results of this study have implications for the development of environmental cost accounting practices in waste management. Originality/value: the research results show that the environmental costs accounting is very relevant and important to waste management because it can evaluate and reduce the environmental impact of the waste management process

Environmental Cost Accounting and Environmental Site in Hotels

Environmental Cost Accounting and Environmental Site in Hotels

Environmental Cost Accounting and Environmental Site in Hotels

Environmental Cost Accounting and Environmental Site in Hotels

The impact of Environmental Accounting on Financial Performance: Evidence from Oil Companies in IRAQ

Environmental Accounting is an emerging concept in Iraq. Therefore, this study examines the theoretical framework for the concept and aimed to investigate the impact of environmental cost accounting on the financial performance of oil companies in Iraq. The research used only secondary data over a ten-year period (2010-2020). The time-series data were collected from the financial statements of selected oil companies that are operating in Iraq under licences granted by the Ministry of Oil in Baghdad. The statistical tool used for data analysis is the EViews version 10. and analyzed using regression analysis. The statistical analysis results indicate that the three environmental cost variables have an impact on the financial performance of oil companies which was measured by ROA. The study recommended that the environmental performance of the firms should be considered one of the important axes in evaluating their performance. Thus, work to issue laws, regulations and instructions that require firms to abide by international standards related to the protection of the environment and society from pollution.

Environmental Accounting and Reporting of Agricultural Enterprises

The paper describes the problems of increasing the openness of information about environmental protection activities and meeting the requirements of environmental and industrial safety by domestic enterprises within the framework of their economic activities. The authors consider theoretical and methodological aspects of the organization of ecological accounting and the formation of environmental reporting. This is an effective tool for assessing the results achieved by using nature and environmental activities of the organization. Also, it improves the level of industrial safety and environmental culture at the enterprise, using disclosure and analysis of environmental factors of sustainable development of an economic entity. The research reveals the economic essence and gives the author’s interpretation of the definitions “environmental accounting”, “environmental reporting”, “natural capital”, “environmental obligation”. The authors tried to systematize the regulatory framework for the formation of environmental reporting from the perspective of stakeholders, as well as present the classification and systematization of environmental indicators of sustainable development of the organization included in integrated reporting. The study revealed the structure of the subsystem of environmental accounting and its place in the system of accounting and analytical support of an economic entity is determined. The authors proposed mechanisms for improving the accounting of environmental obligations, real and conditional costs for nature management and ecology. The methodological basis of the study comprised systematic and dialectical approaches, as well as a set of general scientific and special methods of cognition: observation, systematization and generalization, methods of classification and grouping. The object of the study was the reporting of the largest Russian enterprises of various industries.

What Is Known About Environmental Cost Accounting? Systematic Literature Review

Research aims: This study evaluates articles dealing with environmental cost accounting to learn a valuable lesson. Design/Methodology/Approach: This study used the review procedure by Hoque (2014) with several analyzes employed in the prior research by Anggraini et al. (2022). Articles were then reviewed and identified by entering the keywords "environmental" AND "cost" AND "accounting" in the Scopus database. After applying several criteria, this study utilized 45 articles for further analysis.Research findings: Four discussion themes can be further identified. The four topics discussed in this article included environmental cost accounting measurement, implementation, environmental performance, and environmental cost accounting disclosures.Theoretical contribution/Originality: Given the importance of environmental cost accounting applied in companies, to the best of the author's knowledge, there has been no literature review research on environmental cost accounting. Furthermore, this research explains what lessons can be drawn.

The Analysis of Implementing Environmental Accounting on Waste Management (PG Djatiroto)

The implementing environmental accounting on waste management at PG Djatiroto aims to analyze components of environmental costs (on waste management) and to analyze an accounting treatment of the environmental costs on waste management. The data analysis method used in this study is a comparative descriptive analysis method. The data in this study was obtained through interviews and documentation related research issues. Analysis done by comparing the results of interviews and document analysis by Hansen and Mowen theory for the environmental costs of components and SFAS 11 paragraph 1, SFAS 14, and SFAS No. 1 revision 2009 for the treatment accounting of environmental cost. Based on the results of this research is that the company has made the classification of environmental costs (in terms of waste management) and has conducted environmental cost accounting treatment stages. However, based on the analysist has been done, there are a few suggestions to be considered for the PG Djatiroto in term implementing environmental accounting for the future

Environmental Cost Accounting: Behind the Major Project for the Construction of a Covid-19 Hazardous Waste Management Facility

After focusing on handling Covid-19, all countries face Covid-19 medical waste. Covid-19 medical waste in Indonesia reached 18,460 tons as of 27 July 2021. The number of waste management facilities did not follow the increased volume of hazardous medical waste. The government has compiled the construction of hazardous medical waste management facilities from health facilities into the Government Work Plan (RKP) for 2022. The budget allocated for the construction facility is quite large. An analysis is needed from the budget management perspective to achieve the right goals and objectives of the program. This research used literature studies from various relevant sources. Data analysis uses an environmental cost accounting perspective consisting of prevention, detection, and internal and external failure costs. The results show that from all aspects of these costs, the government has fulfilled them through the main program and supporting programs. Each program has a budget but no details of every need. The government has not budgeted for technology development, human resource development, collaboration with the private sector, and other impacts that have the potential to hinder the management of hazardous medical waste from health facilities.

Analysis on the Coupling Relationship between Natural Resource Loss and Environmental Pollution Cost Accounting in Chongqing

Natural resource loss and environmental pollution are the focus of attention at present. Based on the analysis of the coupling relationship between natural resource loss and environmental pollution cost accounting in Chongqing, this paper makes a comprehensive analysis of the accounting results. First of all, we should define the loss of natural resources and set the direction of research and development, establish the ecosystem data model, calculate the environmental pollution cost, and display the calculation results. The results show that (1) air pollution is the focus of environmental pollution. On the premise of ensuring production quality, control the number of emissions from production and reprocess the emissions. (2) In the process of paying attention to water and soil resources, detect and protect water resources and soil, and calculate the ecological value of water resources and soil. Pay attention to the benefits between water and soil and transform and optimize the ecological value system of natural resources.

КӘСІПОРЫНДАР ШЫҒЫНДАРЫН ЭКОЛОГИЯЛЫҚ БАСҚАРУ ЕСЕБІНІҢ МӘСЕЛЕЛЕРІ

In modern conditions, among the many socio-economic problems of the progress of states, there is a particularly urgent problem of restoring and preserving the environment, as well as natural resources to meet the needs of all mankind and its next generation. Therefore, it is impossible to abandon the problems of environmental accounting at the present time, since the situation is very complex and every year it becomes more difficult to solve the problems that arise. To date, the entire range of information on environmental protection is far behind its demand, which hinders the improvement of the existing mechanism of environmental management in the future. There is no doubt that the effectiveness of environmental protection measures requires a clear and consistent accounting of environmental costs.

Pengaruh Penerapan Green Accounting terhadap Profitabilitas Perusahaan: Studi Kasus Pabrik Roti Monasqu, Desa Gilang, Kec. Ngunut, Kabupaten Tulungagung tahun pembukuan 2015-2021

Abstract Purpose: This study aims to describe how the effect of implementing Green Accounting (Accounting. Environment) on the level of Profitability (ROA) at the Monasqu Bakery Company in Ngunut District, Tulungagung Regency within a period of seven years (2015-2021). Research Methodology: In this study, the method used is Multiple Linear Regression Analysis, using the research object of the company's financial statements and environmental cost reports in 2015-2021. The study used a data sample of 30 samples. Result: With the result that the application of Environmental Cost Accounting has a significant effect on the profitability (ROA) of the Monasqu Bread Factory. Limitation: Data collection as a research sample focused on the nominal level of net profit on sales and environmental costs incurred by the Monasqu factory during 2015-2021. Which sample is a basic sample that almost every manufacturing company has, both simple and complex. Contribution: so that it is hoped that this research can be used as a reference in further research in other manufacturing companies, especially in the Ngunut District, and generally in Tulungagung Regency.