| || || Lodhia, Sumit K.|
| || || Accountants and environmental accounting : an initial and exploratory study into contemporary practices in Fiji|
Author:Lodhia, Sumit K.
Institution: University of the South Pacific.
Subject: Social accounting -- Fiji, Environmental auditing -- Fiji
Call No.: pac HD 60 .F5 L64 1999
Copyright:Under 10% of this thesis may be copied without the authors written permission
Abstract: Increasing pressures on the need for sustainable development have led to a re-examination of the role of accountants towards promoting environmental sensitivity in organizations. This research suggests that accountants can play a key role in environmental management and reporting in terms of their managerial, performance measurement and evaluation, auditing, and reporting skills. It studies and evaluates the local environmental accounting practice through the twofold research process of an analysis of the mechanisms of public companies presently undertaking some form of environmental accounting, and semistructured interviews with accounting practd tioners on their role In environmental matters. The findings of this research suggest that presently, accountants in Fiji are largely unaware of their role in promoting environmental consciousness within organizations. There is an absence of involvement by accountants in the environmental management strategies of their respective organizations. Similarly, the practitioners in the major accounting firms are reluctant to acknowledge that they have a role in environmental management and reporting, suggesting that a lack of guidance in environmental matters by the local accountancy institute contribute to such views. The disclosures of environmental information by public companies are also perceived as means of legitimizing their environmentally sensitive business operations rather than being accountability mechanisms that would attempt to improve the quality of life for everyone. An evaluation of the findings of this research indicates that moderate changes in contemporary environmental accounting practices, brought about by the imposition of enforcement mechanisms such as mandatory standards, stricter environmental legislation and stock exchange listing requirements, coupled with the introduction of a formal education process on environmental accounting, are required for this non- traditional phenomenon to survive in a profession dominated by capitalist assumptions of profitability. It is hoped that this initial and exploratory research will add to the limited literature on the local environmental accounting practice and encourage organizations to be conscious of the impact of their operations on the environment.