username4323858
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Hello,
i was doing some research on environmental management accounting and found the quote below however i am not exactly sure what the quote means would anyone be able to help me understand what the quote means.

“Prevailing approaches to costing certainly ignore many of the indirect consequences of corporate
actions on the environment, but this is something that is increasingly being acknowledged”
(Hopwood, 2009)

thank you
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momomo44
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(Original post by eb11//)
Hello,
i was doing some research on environmental management accounting and found the quote below however i am not exactly sure what the quote means would anyone be able to help me understand what the quote means.

“Prevailing approaches to costing certainly ignore many of the indirect consequences of corporate
actions on the environment, but this is something that is increasingly being acknowledged”
(Hopwood, 2009)

thank you

…maybe ….rephrase it….

  1. The consequences of business actions on the environment occurring indirectly are not taken into account in the usual ways the cost of items is determined. However, this is being recognised more and more….Any better with understanding?
  2. Maybe simplify further: how businesses operates indirectly affects us (the environment) but the way things are priced doesn’t reflect this. pricing does not seem to be influenced. This becoming better known….


I dunno if that helps , i'm not aware of the context this was written….xx

Search on google to, if you haven’t :

https://www.emeraldinsight.com/doi/a...urnalCode=aaaj

........=s.............
Last edited by momomo44; 1 year ago
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