An organization faces many challenges when implementing an environmental accounting (EMA)system. Which of the following inherent challenges is an accountant facing when he is having difficulty finding literature regarding "best practices" for environmental accounting?

Question

Quizplus · Accepted Answer

The challenge of finding literature on "best practices" for environmental accounting is due to the newness of EMA. Environmental Management Accounting (EMA) is a relatively new field that integrates environmental considerations into financial and managerial accounting. Its emerging nature means that standardized practices and extensive literature may not be as readily available as they are for more established accounting practices.

An Organization Faces Many Challenges When Implementing an Environmental Accounting