tailieunhanh - Management accounting: Information for creating and managing value (4/e): Chapter 17 - Kim Langfield-Smith, Helen Thorne

Chapter 17 - Environmental and social management accounting. This chapter presents the following content: Corporate social responsibility and external reporting, environmental management accounting (EMA), financially-oriented EMA, physically-oriented EMA, environmental management systems (EMS) and EMA,. | Chapter 17 Environmental and social management accounting 17- Corporate social responsibility and external reporting Involves taking into account the social and environmental impact of corporate activity when making decisions May increase profitability Determine long-term survival Communicated to stakeholders in annual reports, environment reports, stakeholder impact reports, social impact reports and social audit reports continued 17- Corporate social responsibility and external reporting Triple bottom line reporting Focus on financial (economic), social and environmental aspects of performance Aimed at a broader range of stakeholders Social performance Impact of an organisation's behaviour on society, including the broader community, employees, customers and suppliers Environmental performance Impact of an organisation's behaviour on the environment, including natural systems of land, air and water, people and other living organisms 17- Environmental management accounting (EMA) Consists of environmentally-related management accounting systems and practices Life cycle costing, environmental cost accounting, environmental performance measures, assessment of environmental benefits, strategic planning for environmental management EMA techniques Financially-oriented EMA Physically-oriented EMA 17- Financially-oriented EMA Environmental costs Incurred to prevent, monitor and report environmental impacts Cost of waste management systems, environmental training, legal activities and fines, record keeping and reporting, cost of remediation of environmental impacts Environmental product costing Involves tracing direct and indirect environmental costs to products The cost of waste management, permits and fees, recycling continued 17- Financially-oriented EMA Environmentally-linked capital expenditure Driven by the desire to improve the organisation's environmental impact, or by the need to comply with environmental regulations Environmentally-induced . | Chapter 17 Environmental and social management accounting 17- Corporate social responsibility and external reporting Involves taking into account the social and environmental impact of corporate activity when making decisions May increase profitability Determine long-term survival Communicated to stakeholders in annual reports, environment reports, stakeholder impact reports, social impact reports and social audit reports continued 17- Corporate social responsibility and external reporting Triple bottom line reporting Focus on financial (economic), social and environmental aspects of performance Aimed at a broader range of stakeholders Social performance Impact of an organisation's behaviour on society, including the broader community, employees, customers and suppliers Environmental performance Impact of an organisation's behaviour on the environment, including natural systems of land, air and water, people and other living organisms 17- Environmental management .