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Environmental Cost Accounting and Business Strategy

  • Robert J. P. Gale
  • Peter K. Stokoe

Abstract

Firms need information for both financial and managerial accounting. On the financial side, information is required for a range of uses such as corporate financial planning and control, performance evaluation, and to verify credit worthiness and taxes owed. On the management side—the focus of this chapter—the emphasis is on controlling costs. The relationship between the environment and managerial accounting can be seen through the lens of cost control. This is because managerial accounting emphasizes the use of accounting information to serve “business managers in making capital investment decisions, costing determinations, process/product design decisions, performance evaluations, and a host of other forward- looking business decisions” (EPA, 1996: 28).

Keywords

Business Strategy Environmental Cost Management Accountant External Cost Generally Accepted Accounting Principle 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • Robert J. P. Gale
    • 1
  • Peter K. Stokoe
    • 2
  1. 1.Ecological Economics Inc.Royal Roads UniversityCanada
  2. 2.EcostrategiesCanada

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