Monday, November 23, 2009

UK - Does Green Accounting Add Up?

Are accountants part of the environmental problem or part of the solution? David Collison, professor of accounting and society at the University of Dundee, says: “Accountants provide information that drives important decisions, but very often this information is seriously flawed, because it does not take account of the environmental impact of those decisions.” Many large companies produce an environmental report, but there is little consistency. As Collison puts it: “It is fundamentally difficult because you are looking at different companies in different industries.” (Read the article Does Green Accounting Add Up? at CA Magazine online.)