Environmental accounting regulation for protection and remediation - An UAE perspective
The purpose of any accounting system is to provide managers across the organization with information that facilitates not only Control of activities and refinement of operational plans but also the accountability. With changing accounting policies both the corporate and financial worlds’ effectiv...
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my.uum.repo.25622011-02-24T01:33:27Z http://repo.uum.edu.my/2562/ Environmental accounting regulation for protection and remediation - An UAE perspective Inguva, Srinivas HF5601 Accounting The purpose of any accounting system is to provide managers across the organization with information that facilitates not only Control of activities and refinement of operational plans but also the accountability. With changing accounting policies both the corporate and financial worlds’ effective and consistent deployment of accounting logic by keeping environmental protection is highly essential for rapidly polluting current environment. In years past, environmental issues were often ignored by both corporations and individuals. Environmental accounting is used to determine measures to promote sustainable environmental management. Implementing measures that strike a balance between cost reduction and environmental impact reduction is crucial to promoting sustainable environmental management. The release of new International Accounting Standards (IAS), the World Bank, United Nations, and International Federation of Accountants (IFAC) environmental guidance documents has added pressure to the IASC to come out with an environmental standard. UNCTAD has been at the forefront of work on environmental accounting. The Group recommended that it concentrate its future efforts on examining available guidance on the main issues in environmental financial accounting and on identifying key environmental performance indicators and their relation to financial performance. Ultimately, this has given a focus to form a framework for environmental accounting which may be used by national standard-setters. Such a framework will comprise a set of recommended "best-practices" which will be drawn from the work of national professional accounting bodies, industry groups and accounting standard setters. The present study is aimed to focus the environmental accounting issues and the legal frame work for environmental protection and remediation in the UAE. The required information for the study has been collected from secondary sources those include the official publications of the government and non government agencies. The study is limited to the law and regulation related to the environmental accounting issues in the UAE and; the summary of the study would reveal the effective environmental protection and remediation frame work for current environmental accounting practices in UAE. 2007 Conference or Workshop Item NonPeerReviewed application/pdf en http://repo.uum.edu.my/2562/1/Srinivas_Inguva.pdf Inguva, Srinivas (2007) Environmental accounting regulation for protection and remediation - An UAE perspective. In: International Economic Conference on Trade and Industry (IECTI) 2007, 3 - 5 December 2007, Bayview Hotel Georgetown, Penang. (Unpublished) |
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HF5601 Accounting Inguva, Srinivas Environmental accounting regulation for protection and remediation - An UAE perspective |
description |
The purpose of any accounting system is to provide managers across the
organization with information that facilitates not only Control of activities and
refinement of operational plans but also the accountability. With changing
accounting policies both the corporate and financial worlds’ effective and
consistent deployment of accounting logic by keeping environmental
protection is highly essential for rapidly polluting current environment. In
years past, environmental issues were often ignored by both corporations and
individuals. Environmental accounting is used to determine measures to
promote sustainable environmental management. Implementing measures that
strike a balance between cost reduction and environmental impact reduction is
crucial to promoting sustainable environmental management. The release of
new International Accounting Standards (IAS), the World Bank, United
Nations, and International Federation of Accountants (IFAC) environmental
guidance documents has added pressure to the IASC to come out with an
environmental standard. UNCTAD has been at the forefront of work on
environmental accounting. The Group recommended that it concentrate its
future efforts on examining available guidance on the main issues in
environmental financial accounting and on identifying key environmental
performance indicators and their relation to financial performance. Ultimately,
this has given a focus to form a framework for environmental accounting
which may be used by national standard-setters. Such a framework will
comprise a set of recommended "best-practices" which will be drawn from the
work of national professional accounting bodies, industry groups and
accounting standard setters. The present study is aimed to focus the
environmental accounting issues and the legal frame work for environmental
protection and remediation in the UAE. The required information for the study
has been collected from secondary sources those include the official
publications of the government and non government agencies. The study is
limited to the law and regulation related to the environmental accounting
issues in the UAE and; the summary of the study would reveal the effective
environmental protection and remediation frame work for current environmental accounting practices in UAE. |
format |
Conference or Workshop Item |
author |
Inguva, Srinivas |
author_facet |
Inguva, Srinivas |
author_sort |
Inguva, Srinivas |
title |
Environmental accounting regulation for protection and remediation - An UAE perspective |
title_short |
Environmental accounting regulation for protection and remediation - An UAE perspective |
title_full |
Environmental accounting regulation for protection and remediation - An UAE perspective |
title_fullStr |
Environmental accounting regulation for protection and remediation - An UAE perspective |
title_full_unstemmed |
Environmental accounting regulation for protection and remediation - An UAE perspective |
title_sort |
environmental accounting regulation for protection and remediation - an uae perspective |
publishDate |
2007 |
url |
http://repo.uum.edu.my/2562/1/Srinivas_Inguva.pdf http://repo.uum.edu.my/2562/ |
_version_ |
1644278272011272192 |
score |
13.18916 |