TITLE:
Environmental Accounting Challenges of Selected Manufacturing Enterprises in Bangladesh
AUTHORS:
Md. Musharof Hossain
KEYWORDS:
Environment, Environmental Accounting, Challenges, Disclosure
JOURNAL NAME:
Open Journal of Business and Management,
Vol.7 No.2,
April
9,
2019
ABSTRACT: Considering
the importance as well as potential problems of environment issues, it needs
more analysis of relevant factors for future course of actions. Environmental
Accounting is called green accounting. This paper made on Challenges of
Environmental Accounting Practices in Bangladesh on most polluted 16 selected
enterprises in Chittagong during the period 2018. The main objective of the study is to specify the
environmental accounting challenges in selected manufacturing enterprises in
Bangladesh. The study is based on primary data. Primary data were collected by
questionnaire and expert opinion. Questionnaires were prepared based on study
objectives. Collected data were processed manually and with help of the
Computer software. The study highlights some critical challenges to implement
environmental accounting in manufacturing enterprises in Bangladesh. The
perception of respondents about the Challenges are: cost involvement, lack of
skilled manpower, lack of set rules about environmental accounting, inadequate
environmental accounting standard, low adoption of environmental accounting, no
specific principles of environmental accounting etc. The average mean score of
challenges is 2.47 in the scale of 3. The study also tries to forward some
recommendations to overcome the challenges. It is
to be recognized that the accountants have a key role in environmental
accounting and reporting.