ENVIRONMENTAL ACCOUNTING for the optimization of financial statement measurements.
(Edited)
Society, as a product of the constant relationship between man and nature, has created a series of laws and regulations in accounting matters where the valued benefit is introduced, that is to say, the trade carried out and this in turn brings with it the power of man over the systems he has invented as a symbolism of survival among his own species.
From this argumentative vision, we can describe that the exercise of environmental accounting has considered in many fields the environment as the responsibility of man and his intention of industrial growth, in such a way that it is important that they can coexist without any harm and in no present detriment.
In function of this, it is pertinent that the companies manage to establish the accounting mechanisms in environmental matters that allow them to be able to measure all their operations in the financial statements, in order to be able to evaluate their investments and that these are also directed to the maintenance and even to the recovery of the environment.
In this sense, in many Latin American countries, environmental accounts have had a partial and uneven development, since environmental accounting is a subject that needs to be revitalized in order to achieve plans to implement in the coming years, which will also allow them to identify the environmental costs originated by investments..
For its part, it is essential that accounting can develop an environmental awareness, and that this is focused on the application of regulations and principles for the protection of the environment, through the measurement of financial statements, since these are the ones that provide data that allow making decisions from accounting for environmental sustainability.
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We need to be more careful for that matter
greetings @abrarhussain
you are right my dear, it is not only to exploit the environment, but rather to be aware of the misuse we are giving it and the damage caused.
Thank you very much for your comments
Environmental sustainability need more hands even those of the indigenes adding with the government in protecting the ecology.
greetings @faithem
I think it is certainly more than that, we must be all human beings, it is the environment where we live and we must leave a healthy planet for future generations.
I think we only think about wealth above all else, I think we know that we are going to die someday, we only think about trying to have a good time without caring about anything else, only wealth.
Thank you very much for commenting and visiting me, I hope you can read my blog in other opportunities.