KOGI STATE
Faculty of Management Sciences
Journal of MANAGEMENT
ISSN: 3212 - 3122
APPROACHES IN NATURAL STOCK VALUATION IN ENVIRONMENTAL ACCOUNTING AND NATIONAL INCOME ACCOUNT: THE NIGERIAN EXPERIENCE
Ochuko S. Alagba PhD.
Abstract
Environmental accounting is a new concept the field of financial accounting. Basically, the concept states that the value of natural assets should be calculated and added to the gross domestic product of a nation. It further state that corporate entities should take care of environmental degradation that happen in the course of carrying out their economic activities. Among the objectives of the study is to identify natural stock valuation method and examine the extent to which multi-national entities operating in Nigeria has adopted environmental accounting. The findings show that environmental accounting is still at infancy stage in Nigeria
Keywords
Environmental accounting, Natural capital, Environmental cost, Environmental expenses, National income account.
Full Article
UNIVERSITY, ANYIGBA
