environmental performance can have a
significant effect on a firm’s financial position.
It also reveals a need for sound environmental
Cost information. In reality,
For many organizations,
Management of environmental
Costs is becoming a matter of high priority
And intense interest. Several reasons can be
Offered for this increased interest, but two in
Particular stand out . first in many countries,
environmental regulations have increased significantiy,
and even more stringent regulations are expected.
Often, the regulatory laws carry enormous fines or penalties,