Environmental accounting

{
  "id": "MLC-T-ENV-009715",
  "term": "Environmental accounting",
  "field": "Environment",
  "term_source": "Environmental Accounting",
  "definition": "1. In the context of national income accounting, refers to natural resource accounting, which can entail statistics about a nation's or region's consumption, extent, quality, and value of natural resources, both renewable and non-renewable.\n\n2. In the context of financial accounting usually refers to the preparation of financial reports for external audiences using Generally Accepted Accounting Principles.\n\n3. As an aspect of management accounting serves business managers in making capital investment decisions, costing determinations, process/product design decisions, performance evaluations, and a host of other forward-looking business decisions.",
  "subject": "Social and economic factors",
  "references": [
    "EPA An Introduction to Environmental Accounting As a Business Management Tool: Key Concepts and Terms at http://nepis.epa.gov/Exe"
  ],
  "url": "https://mlchart.com/terminology/environment/environmental-accounting/"
}