Management Accounting 3

Environmental Management Accounting has no single, universally accepted definition.

According to IFACs Statement Management Accounting Concepts, EMA is the management of environmental and economic performance through the development and implementation of appropriate environment-related accounting systems and practices. While this may include reporting and auditing in some companies, environmental management accounting typically involves life-cycle costing, full-cost accounting, benefits assessment, and strategic planning for environmental management.

By referring to the above statement, You are required to:

Write a review on the impact of Environmental Management Accounting, specifically in the area of management accounting. The review can be based on the successful implementation of the EMA in any industries either from local or international companies. Students can include a discussion to elaborate the possible areas, processes or activities that are most likely to have benefits with EMA implementation.

Hey Mr/Ms, I was done the benefits of EMA, now are facing at the IMPACT of EMA, can u provide me a 400-500 words answer for a reference to help me answer my assignment? Thanks a lot ^^ Have a nice day and take care & stay safe.