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some theorist contend that companies that create pollition should report cost of that pollution in income statements. they argue that such companies are indirectly subsidized

some theorist contend that companies that create pollition should report cost of that pollution in income statements. they argue that such companies are indirectly subsidized as the cost of pollition is borne by society while only production cost are shown in the income statement. thus, the product sells for less that would be necessary if all costs were included. my mission is to explain how the concepts of relevance and faithful representation relte to this issue. its for a discussion board, it requires me about a 500 words answer.

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