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Case discussion

This is the case:

The Environment Protection Authority (EPA) , in conjunction with Environment Australia (now the Australian Government’s Department of the Environment and Heritage) and The Institute of Chartered Accountants in Australia (ICAA), conducted an Environmental Management Accounting (EMA) Project.

In February 2003, The former Victorian Minister for the Environment, John Thwaites, launched Environmental Management Accounting: An Introduction and Case Studies for Australia. The report, which summarised the results of the case studies, found businesses improve profitability by altering their internal accounting procedures to take into consideration environmental costs. You will find these case studies at: http://www.epa.vic.gov.au/bus/accounting/results.asp.

Required: Select one of the case studies and discuss the way in which management accounting has assisted in achieving the environmental goals of the organisation.

NOTE: I have decided to choose CORMACK Manufacturing Pty Ltd as the case study to be viewed and discussed. All the information is on this link:
http://www.epa.vic.gov.au/bus/accounting/docs/Cormack-ema-cs.pdf

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