- 20 Marks
CSME – May 2022 – L2 – SB – Q3 – Environment analysis
Explain the nature, benefits, and key elements of environmental reporting, audits, and Environmental Management Accounting (EMA).
Question
There is a growing concern that organizations should act in a responsible manner to ensure sustainability of their environment. To this end, environmental reporting has become an important part of the reporting obligation of firms. Hence, you have been approached for advice by a manufacturing company that seeks to incorporate environmental reporting into its annual reports. You are to present to the management a report detailing the following:
a. Nature and benefits of environmental reporting. (5 Marks)
b.
- i. Key elements of the Sustainability Balanced Scorecard (SBSC) as a measure of a firm’s performance. (2 Marks)
- ii. Elements of an environmental audit. (4 Marks)
c. Nature and use of Environmental Management Accounting (EMA). (9 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Audit, Corporate Social Responsibility, EMA, Environmental Reporting, SBSC
- Level: Level 2
- Topic: Environment analysis
- Series: MAY 2022
