The Role of Environmental Management Accounting for Vietnamese Seafood Enterprises

Abstract

EMA provides material and monetary information on the use and flow of energy, water and materials and monetary information on costs, income and savings related to the environment.  The adoption of EMA has been witnessed around the world including developing and developing countries.  Demolition is one of the manufacturing and processing industries that has significant environmental impacts. This study conducted in-depth interviews with 56 Vietnamese seafood enterprises to find out the motivations for applying EMA of enterprises or the role of EMA. The results show that by entering the EMA, businesses can recognize an unusually large amount of losses that the traditional accounting department has not recorded.