News
Dr. Abu-Ghazaleh Instructs Institutions, He Chairs, to Publish the “Environmental Accountability” Guide for Free on their Websites
02-Jan-2022
AMMAN - The International Arab Society of Certified Accountants (IASCA) and the Arab Society Certified Accountants (ASCA-Jordan), published a Guide to the accounting treatment and financial reporting for environmental costs (Environmental Accounting), on their websites as well all as all the websites of Talal Abu-Ghazaleh Global (TAG.Global) for free.
The Guide will be free of charge in line with the directives and vision of HE Dr. Talal Abu-Ghazaleh, chairman of IASCA and ASCA, with a view of protecting the environment, which he has been calling for years, and has now become the main concern of the world.
The Guide highlights the topics related to accounting and financial reporting in terms of environmental costs and obligations, as it is designed to assist institutions and regulators concerned with setting standards on the best accounting practices for environmental transactions and events that should be included in the financial statements and the notes thereof.
The Guide also covers the issues related to environmental accounting in relation with institutions (whether those that aim at achieving profits, NGOs, or governmental institutions such as municipalities or state institutions), because issues such as environmental pollution are becoming an economic, social and political burden worldwide. Real measures are taken at the national and international levels to protect the environment and minimize the consequences of environmental pollution.
The Guide explains the impact of an organization's environmental performance on its financial position, and the way it uses financial information to assess and manage environmental risks. The handbook also focuses on the accountability of any organization's management for the financial implications of managing environmental resources that are related to its activities.
To read the Guide, please click here.