The accountant's task as a friend to the earth
The increase in environmental awareness in both consumers and the government will have an impact on the UK business climate in the 1990s, and accountants must be cognizant of this change. Accountants must be aware of how to deal with new taxes, consider environmental factors when making investment appraisals, implement new pollution control techniques, study the feasibility of implementing renewable resources, and estimate the impact of green consumer preferences on extant markets. Organizations can implement environmental accounting by making compliance-with-standards audits and ethical audits, which can be reported in a social report in the annual report. Contrasting the social report with extant standards and the organization's ethical code can make environmental reporting empirical and show the organization's commitment to environmental responsibility.
Publication Name: Accountancy
NGOs, civil society and accountability: making the people accountable to capital
Impact of society and stakeholders on Nongovernmental organizations' (NGO) accountability is analyzed.
Publication Name: Accounting, Auditing and Accountability
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