ENVIRONMENTAL MANAGEMENT ACCOUNTING PRACTICES WITHIN HIGHER EDUCATION SECTOR IN SRI LANKA

Back to Page Authors: M. M. N. I. Mapa, N. S. Jayasinghe, K. A. M. I. Kulasekara, B. P. D. Perera

Keywords: environmental management accounting, environment cost, environmantal impacts, service organization, developing countries, higher educational sector

Abstract: During recent decades the areas like Environmental Accounting drew the attention of business management, environmental laws and researches of accounting. This paper explores how the existing EMA practices manage major environmental costs are within the higher education sector of Sri Lanka. Using the facts and constraints identified in the past literature, the paper will also discuss the major favourable and unfavourable influencing factor in adopting EMA practices like accounting for energy, water and material. This is an exploratory research which conducted mostly based on analyzed primary data which is gathered using a sample interview protocol. Five public and private universities that are registered under the University Grants Commission of Sri Lanka were taken as the study sample. More significantly this contributes towards providing information about how the universities are managing and recording both main monetary and physical environmental costs, and how the managers and other key personnel contribute towards controlling the environmental costs within the university setting while paving the path towards the growth of empirical studies in associated with EMA practices in Sri Lanka.