Environmental Accounting Objectives

Environmental accounting is employed with clear understanding of the objectives upon involving in environmental accounting. The objectives must comply with the company’s policies for environmental considerations together with their environmental objectives and action plans.The following items concerning the implementation of environmental accounting are the target period, aggregate scope, environmental conservation cost measuring guidelines, environmental conservation benefits measuring guidelines and economic benefit associated with environmental activities measuring guidelines.
As a general idea, the target period involved should be the same with the company’s target period that is involved in its environmental report. The company’s business (fiscal) year should correspond with the systematized data pertaining to the company’s financial accounting, environmental activities and environmental accounting essentially. It is likewise similar to the aggregate scope.

Similarly, the aggregate scope shall be the same as that for the company’s environmental report. It must cover the company essentially.

In gathering data for a corporate group or individual business site, it is necessary to modify the

These categories are environmental conservation benefit related with the inputs of assets into company’s operations, environmental conservation benefit related with environmental impact and waste discharges from companies’ operations, environmental conservation benefit related with the goods and services manufactured by company’s operations and environmental conservation benefit related with transportations and other operations. The method used for assessing environmental conservation benefit is by comparing the dissimilarity between the extent of environmental impact during the base period and in the current