Environmental Cost - An Environment Management Accounting Component

Abstract

Abstract The present article intends to highlight the importance of the impact of the economic activities on the environment, and of its integration in the decisional and financial system of the national economic entities. During the last decade, a new challenge has appeared for the professional accountant, namely that of the environmental accounting, meant to maximize life quality. Environmental accounting is a global concept, and, from the perspective of the impact of the economic activity on the environment, the authors consider the environmental cost as the essential instrument providing the information volume and quality necessary to the managers on different hierarchic levels of an economic entity for the assessment, identification, analysis and recording of the impact produced by the economic activity on the environment, and the use of such information in the financial and decisional process of the economic entity. Within this context, we intend to show the effect of the activities carried out by the Romanian economic entities on the environment, by means of the environmental cost. Having as a starting point the stage of the researches carried out in the literature regarding the environmental cost, made by different experts, we intend to prove the opportunity of knowing the current, future and potential environmental costs which, actually, represent the starting point, both in the achievement of the

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