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There is an increasing link between business financial
performance, environmental management and related risk. This
link is driven by various developments, including:
• More rigorous financial reporting requirements in terms of
Generally Accepted Accounting Practice (GAAP).
• More stringent environmental legislation, regulations and
enforcement
• Greater public awareness and dissemination of information
• Greater value attached to corporate image and “license to
operate”
• Society’s demand for greater corporate social responsibility,
including environmental.
• Significant growth in socially responsible investment (SRI)
CES staff can assist in bridging the link between environmental
and financial management and have experience in a variety of
environmental accounting and financial related disciplines.
These include evaluation and verification of the environmental
assets and liabilities for financial reporting purposes in terms
of Generally Accepted Accounting Practice (GAAP) for large
national and multinational companies. We can also manage
financial audits, both domestic and foreign. We are also able to
undertake the determination of the historical cost element of
environmental remediation insurance claims and our staff can
assist in determining the financial feasibility for a number of
development proposals.
Select CES staff are members of the UN sponsored Environmental
Management Accounting Network (EMAN) and have also presented a
number of papers on issues relating to environmental finance and
accounting.
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