ACCOUNTING FOR ENVIRONMENTAL FIXED ASSETS AND THE FINANCING OF ENVIRONMENTAL INVESTMENTS IN BUILDING MATERIALS ENTERPRISES
Keywords:
Building materials industry, cement, environmental assets, environmental investments, chart of accounts, sub-accounts, environmental obligations, IAS 37.Abstract
The paper proposes a synthetic-analytical model for accounting for environmental fixed assets and environmental investments in building materials enterprises built into the national chart of accounts. Sub-accounts 0192 and 0193 within account 0100, accounts 0600 and 3200 for capital and current environmental expenditure and account 8540 with sub-accounts 8541–8543 for financing by technological stage are introduced, together with the entry sequence and the treatment of environmental obligations under IAS 37. The model is tested on the 2020–2023 data of three cement producers, whose environmental investments of 17.2 bn UZS are traced by object, financing source and asset sub-account. The proposals have been adopted by the Chamber of Commerce and Industry of Uzbekistan.
