HARMONIZATION OF ENVIRONMENTAL MANAGEMENT ACCOUNTING - TOOL FOR MANAGING ECONOMIC RECONFIGURATION

Abstract

The market economy implies the permanent optimization of an accounting system that ensures: modern methods, policies, and strategies compatible with the requirements of the current economy oriented towards the support of longterm sustainable economic activities. The increase in business relations' complexity has determined a profound revolution in management and implicitly in accounting as the main source of information and assistance in the decisionmaking process. Also, the configuration and complexity of the functional and technical-organizational structure of economic entities, the variety of activities, and the continuous introduction of advanced technologies are endogenous factors that require the assertion of environmental management accounting as an essential component of the accounting system. In this sense, the chapter presents the importance of streamlining all stages of organizing environmental management accounting to identify relevant solutions for managing adequate information and all existing resources available to economic entities.

Keywords

• sustainable development
• environmental managerial accounting
• environmental costs
• decision-making process
• policies and strategies.