Environmental accounting

Items for discussion and decision environmental accounting

(b) Recognized the potential of the Committee in mainstreaming environmental accounting

Creation of a United Nations Committee of Experts on Environmental Economic Accounting

Environmental economic accounting and related statistics are relatively new areas of statistics.

Terms of reference of the Committee of Experts on Environmental Economic Accounting

E. Harmonization of data collection activities with environmental economic accounting concepts and definitions

These topics pertained to environmental accounting, the ISAR Model Curriculum and the accounting and financial reporting needs of small and medium sized enterprises.

The environmental dimension of this issue was addressed by ISAR in its agreed conclusions on Accounting and Financial Reporting for Environmental Costs and Liabilities.

Its overall objectives are (a) to mainstream environmental economic accounting and related statistics (b) to elevate the System of Integrated Environmental and Economic Accounting (SEEA) to an international statistical standard and (c) to advance the implementation of the SEEA in countries.

It represents a major step forward in the harmonization of concepts and methods in environmental economic accounting.

(f) Stressed the importance of promoting environmental accounting in the users' community and taking on board users' needs

(d) Noted the complementarities of the Committee on Environmental Economic Accounting and the Intersecretariat Working Group on Environment Statistics

(a) Ensure coordination, integration and complementarity among programmes in environmental economic accounting and related statistics among international organizations and countries

At its preliminary meeting, the Committee agreed on its overall objectives, namely (a) to mainstream environmental economic accounting and related statistics (b) to elevate the System of Integrated Environmental and Economic Accounting (SEEA) to an international statistical standard 1 and (c) to advance the implementation of SEEA at the global level.

The Committee should foster coordination, integration and complementarity of programmes in environmental economic accounting and related statistics among international agencies and countries.

The Committee of Experts on Environmental Economic Accounting was established by the Statistical Commission at its thirty sixth session, in March 2005.

The Commission may wish to express its views on the role and future work of the Committee of Experts on Environmental Economic Accounting.

Methodological advances and experience in implementation suggest the need to bring environment statistics closer to the concepts, definitions and classifications of environmental economic accounting.

The Committee has an umbrella function in providing overall vision, coordination, prioritization and direction in the field of environmental economic accounting and related statistics.

Even accounting for the key environmental damage from warming, we would lose money, with avoided damages of just 685 billion for our 800 billion investment.

These include, among other things, national cleaner technologies strategies, environmental management accounting, integrated water resources management, energy for sustainable development and social impacts of mining

To that end, the Committee should promote compilation, harmonization and dissemination practices for environmental economic accounting and related statistics in order to meet user needs.

The Committee will ensure that existing or new groups working in environmental accounting and related statistics will work in a complementary fashion with the Committee.

At its thirty sixth session, in March 2005, the Statistical Commission endorsed the proposal of the creation of a Committee of Experts on Environmental Economic Accounting.

(g) Recognized the need for assisting countries in the implementation of environmental economic accounting through the development of detailed compilation manuals and coordinated technical assistance programmes

The United Nations Statistics Division organized a preliminary meeting of the Committee of Experts on Environmental Economic Accounting in New York from 29 to 31 August 2005.

(e) Work towards the harmonization of data collection activities of environment and related statistics with concepts and definitions of environmental economic accounting, including the assurance of data quality.

Since then the approach has evolved to take into account developments in corporate sustainability reporting as well as development in the field of accounting for social and environmental impact.

(f) The income, expenditure, assets and liabilities are recognized on the accrual basis of accounting except for trust funds, the Industrial Development Fund, Montreal Protocol and Global Environmental Facility.

Accounting convention

(a) Endorsed the creation of a Committee on Environmental Economic Accounting and noted that the Committee should be regarded as having a programme of work with a long term perspective

In 1973, the Accounting Principles Board was replaced by the Financial Accounting Standards Board (FASB) under the supervision of the Financial Accounting Foundation with the Financial Accounting Standards Advisory Council serving to advise and provide input on the accounting standards.

Japan s Accounting Problem

Accounting for Gaza

Scandinavia s Accounting Trick

E. Accounting standards

(d) Fund accounting.

Accrual basis accounting

Leadership, a single focal point and a coordinated vision among international agencies active in the field of environment are considered necessary to raise the profile of environmental economic accounting and related statistics.

As a method, the subject is termed national accounting or, more generally, social accounting.

(b) Encourage the use of environmental economic accounting in countries in support of decision making through technical recommendations on the compilation, harmonization and dissemination of the accounts, linking the accounts to indicators and developing a closer relationship between the users and producers of environmental economic accounts and related statistics

Registration and accounting obligations

(c) Any accounting constraints

Financial accounting and reporting