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Environmental management accounting with an emphasis on it cost

Although environmental costs are only one of the many costs incurred by businesses, they deserve management’s attention. For companies in the service sector with office environments, better insight into environmental costs can lead to them being reduced while environmental performance is improved with costs being offset through the recycling or sale of waste and improved costing of services It will also help with the justification of environmental improvement initiatives, and support of a company’s environmental policy, management system or data collection for public reporting. Environmental management accounting can be used as a tool to reap these benefits, and refers to “the process of identifying, collecting and analyzing information about the environmental costs and performance to help an organization’s decision making.” [Issa Heidari. Environmental management accounting with an emphasis on it cost. Life Sci J 2012;9(4):511-517] (ISSN:1097-8135). http://www.lifesciencesite.com. 77 KEY WORLDS: environmental management, accounting management, cost management