While environmental management accounting (EMA)imposes costs on firms,there are significant benefits.These benefits include:

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Both enhancing the firm's reputation in the community and reducing the risk of future litigation for breaching environmental laws are significant benefits of environmental management accounting. By implementing EMA practices, firms can improve their environmental performance and demonstrate their commitment to sustainability, which can enhance their reputation among customers, investors, and other stakeholders. At the same time, EMA can help firms avoid potential legal liabilities by ensuring compliance with environmental regulations and reducing the risk of environmental accidents or incidents. Additionally, EMA can enable the inclusion of both financial and non-financial data in the firm's management information system, which can support more informed decision-making and improve overall performance.

While Environmental Management Accounting (EMA)imposes Costs on Firms,there Are Significant