Accounting through green-colored glasses: Teaching environmental accounting

Many firms are finding that some of their most costly and challenging accounting problems are in the environmental area. Environmental accounting can be defined simply as understanding, recognition and incorporation of the impact of environmental issues upon a firm's traditional accounting sub-systems. A recent paper describes how environmental accounting issues can be incorporated into existing courses or made the focus of a new elective. Examples are included that describe environmental issues in the areas of financial, managerial, information systems, auditing and tax.