Green Accounting
With more pressure on companies to show their green credentials, environmental accounting might well become one of the hot jobs of the future.Here is a good summary of what it entails. Essentially, it's about risk management, collecting and analyzing information on materials flows and pollution controls for the company's executives, reporting to investors and regulators and analyzing how natural resources are used and how the company's environmental impact is being managed.At this stage, it's a very new area. There are no no academic programs focusing on environmental accounting, and there is no professional credential for the specialty. But that could change as business and regulators become more environmentally focused
I like the idea of green accounting, especially with Earth Day coming up. Large businesses should go green, for their own benefit.
ReplyDeleteThink of all of the jobs that would be created if Environmental Accounting became mandatory for all manufacturing businesses across the globe. Businesses would have a “paper” trail of their environmental statistics and be held accountable for, thus making the world a healthier place.
ReplyDeletethere will always be a need for accounting but the way accounting is thought of will change so much in the future
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