United States Office of Pollution Prevention EPA742-F-94-004 Environmental Protection and Toxics July 1994 Agency Washington, DC 20460 Environmental Accounting Resource Listing Design for the Environment (DfE) Accounting and Capital Budgeting for Environmental Costs ------- Preface This resource listing presents selected information sources organized in the following categories: (1) Activity-based costing, (2) Bibliographies, curricula, and definition of terms, (3) Corporate environmental accounting, (4) Federal government, military and logistics applications, (5) Financial and economic analysis of pollution prevention projects, (6) National environmental accounting, (7) Pollution prevention, and (8) Quality costs. The list includes ordering information and cost (if applicable). Most of these sources are non-EPA sources. A listing of all documents on this topic written by the EPA Management Accounting and Capital Budgeting for Environmental Costs Project can be obtained by calling the Pollution Prevention Information Clearinghouse at (202) 260-1023. If you know of additional materials that should be included in future revisions of this resource guide, please send a copy of the material and a short narrative including the title, short description of the material, contact information, cost if any and publication date to: Martin Spitzer, J.D., Ph.D. US EPA Pollution Prevention Division (7409) 401 M Street, S.W. Washington, D.C. 20460 Fax: (202)260-0168 ------- Table of Contents Tonic Page Activity-Based Costing Bibliographies, Curricula, and Definition of Terms Corporate Environmental Accounting Federal Government, Military, and Logistics Applications Financial and Economic Analysis of Pollution Prevention Projects National Environmental Accounting Pollution Prevention 8 Quality Costs 8 11 ------- Revised June 94 ENVIRONMENTAL ACCOUNTING RESOURCE LISTING Design for the Environment (DfE) Accounting and Capital Budgeting Project 1. ACTIVITY BASED COSTING An ABC Manager's Primer: Straight Talk on Activity-Based Costing, Cokins, Stratton, & Helbling The authors, who have led many ABC projects, take the mystique out of ABC. The primer, written in simple, clear language, gives a headstartfor action in implementing an ABC program. (93282/$15.00) To order contact: The Institute of Management Accountants 10 Paragon Drive Montvale, NJ 07645-1760 Phone: 1-800-638-4427 Fax: (201) 573-0639 'Implementing Activity-Based Cost Management: Moving from Analysis to Action, Cooper, Kaplan, Maisel, Morrissey, & Oehm This research study documents key implementation issues and results, based on real-life examples and case studies of eight companies. (92268/$35.00) To order contact: See Above In addition, the IMA library has an extensive list of bibliographies on areas of interest to management accountants, including Activity-Based Costing, Capital Budgeting, and Environmental Accounting. The bibliographies are free to members and cost $15.00 each for nonmembers. For more information, call the IMA library at (201) 573-6235. Implementing Activity Based Costing. Editor Frank Collins (1991) This book introduces the concept of activity-based costing ($40) To order contact the publisher: Executive Enterprises Publications Co. 22 West 21st Street New York, NY 10010-6904 2. BIBLIOGRAPHIES, CURRICULA, AND DEFINITIONS OF TERMS Bibliographies 'Environmental Accounting: Current Issues, Abstracts and Bibliographies, United Nations, No.:E.92.II.A.23, This United Nations Publication is a guide to the issues and literature in the field of corporate environmental accounting. Focuses largely on Financial Reporting and National Accounting. (Cost $15.00 plus $3.50 shipping and handling) Must be pre-paid. UN accepts Visa, MC, AMEX. To order contact: United Nations Publications Sales Section Room DC2-0853, Dept. 600 2 United Nations Plaza New York, NY 10017 Phone: (212) 963-8302 Fax: (212) 963-3489 * = New Listing Paee 1 ------- Revised June 94 Curricula Costing and Financial Analysis of Pollution Prevention Projects Developed by the Northeast Waste Management Officials' Association (1992), this packet on costing and financial analysis of pollution prevention projects was designed for use in a workshop to introduce state pollution prevention staff to concepts and methods of conducting financial analysis for pollution prevention projects. In addition to the workshop curriculum, it includes case studies of pollution prevention efforts in four small Massachusetts companies. ($40 for profit organizations, $20 for non-profits) To order contact: NEWMOA, Pollution Prevention Program 85 Merrimac Street Boston, MA 02114 Phone: (617)367-8558 'Curriculum Module on Environmental Accounting Developed by the National Pollution Prevention Center at the University of Michigan, this regularly updated module provides an introduction to the application of pollution prevention in business accounting. It is a continuously evolving resource list of educational materials. (Recent update April 1994) The module summary may be obtained from: The University of Michigan, School of Natural Resources and Environment 430 E. University, Dana Building Ann Arbor, MI 48109-1115 P Phone: (313) 764-1412 'Polaroid: Managing Environmental Responsibilities and Their Costs, Harvard Business School, N9-194-052, December 2, 1993, Richard D. Stark under the supervision of Professors Mary E. Barth and Marc J. Epstein (Cost $5.00) A case prepared for class discussion. To order contact: Publishing Division Harvard Business School Boston, MA 02163 (617)495-6117 Teaching Case Studies Applicable to Full Cost Accounting and Capital Budgeting The Management Institute for Environment and Business have three teaching case studies: Bayerische Motor en Werke; AT&T and Tempes (a fictional company) To order contact: Julia Nickel MEB 1220 16th Street, N.W. Washington, D.C. 20036 Phone: (202)833-6556 Fax: (202) 833-6228 Email: Meb@gwuvm.gwu.edu * = = New Listine Pa OP ------- Revised June 94 Definitions- Environmental Cost Accounting: Key Definitions and Terms This ten page paper developed by the Business Roundtable defines key terms commonly associated with environmental cost accounting. The definitions are intended to provide a brief overview on this topic and to illustrate the differences and relationships between various terms and techniques. To obtain the paper contact: The Business Roundtable 1615 L Street, NW Washington, D.C. 20036-5610 Phone: (202) 872-1260 (request by mail are preferred) 3. CORPORATE ENVIRONMENTAL ACCOUNTING Environmental Accounting: What's the Bottom Line? (120 minute audio cassette and handouts) A presentation given on July 20, 1993 by Elliot Berkihiser of the Boeing Company, chair of the Economic Council of the American Institute of Pollution Prevention, on defining and allocating costs and benefits. (Cost $10.00plus $1.50 shipping and handling, make check payable to PPRC) To order contact: PPRC Communications 1326 Fifth Avenue, Suite 650 Seattle, WA 98101 Phone: (206) 223-1151 Fax: (206) 223-1165 'Accounting for Environmental Compliance: Crossroad of GAAP, Engineering, and Government: A Survey of Corporate America's Accounting for Environmental Costs This 1992 report is the second Price Waterhouse survey of accounting practices for environmental compliance and related management issues. To order contact: Dean Petracca Environmental Services Price Waterhouse 600 Grant Street Pittsburgh, PA 15219 (412)355-6000 'Coming Clean: Corporate Environmental Reporting (1993) This survey report published by Deloitte Touche Tohmatsu International, the International Institute for Sustainable Development and SustainAbility: The Green Growth Company, reviews environmental disclosure information reported by companies worldwide. The report identifies best practices, business motives for disclosure and concludes that many companies are "ill prepared" to respond to growing disclosure needs and that pressures for more disclosure will continue to grow. (Cost $25) To order contact: Steve Hebel Deliotte Touche 50 Fremont Street, Suite 2800 San Francisco, CA 94105 Phone: (415)247-4038 * = New T.istin? ------- Revised June 94 'Environmental Cost Accounting: The Bottom Line for Environmental Quality Management, William G. Russell, Steven L. Skalak, and Gail Miller Spring 1994, Total Quality Environmental Management, pp. 255-268. This article discusses current cost accounting systems available to support environmental management systems. (Cost $145 to subscribe; $37 for individual book issue) To order contact: Executive Enterprises 22 West 21st Street New York, NY 10010-6990 Phone: 1-800-332-8804 'Environmental Accounting-Current Issues, Abstracts and Bibliography, United Nations, Sales No.:E.92.II.A.23, This United Nations Publication is a guide to the issues and literature in the field of corporate environmental accounting. Focuses largely on Financial Reporting and National Accounting. (Cost $15.00 plus $3.50 shipping and handling) Must be pre-paid. UN accepts Visa, MC, AMEX. To order contact: United Nations Publications Sales Section Room DC2-0853, Dept. 600 2 United Nations Plaza New York, New York 10017 Tel.: (212)963-8302 Fax No.: (212) 963-3489 '"Management Accounting" (The Official Magazine of The Institute of Management Accountants) The February 1994 issue of this monthly has articles on accounting for environmental liabilities, deduction vs. capitalization of cleanup costs, ABC and life cycle costing for environmental expenditures, and environmental management systems. ($10 per copy; $20 yearly subscription for members, $125 for non-members) To order contact: Institute of Management Accountants 10 Paragon Drive Montvale, NJ 07645-1760 (201) 573-9000 FAX (201) 573-0639 'Environmental Auditing and the Role of the Accounting Profession, The Canadian Institute of Chartered Accountants (CICA Research Report) This 1992 report of a Study Group discusses what services constitute environmental auditing, now and in the future, and provides recommendations to the accounting profession as to the roles it should play in environmental auditing. To order: The Canada Institute of Chartered Accountants 277 Wellington Street West Toronto, Ontario CANADA, M5V 3H2 (416) 204-3313 (416) 204-3414 Fax * = MPU/ T icfina -onr,a. A ------- Revised June 94 'Reporting on Environmental Performance (CICA Discussion Paper) The purpose of this 1993 discussion paper was to stimulate comments on issues relating to reporting on environmental performance. The paper explores factors influencing organizations' decisions to report information on environmental performance and provides a generalized framework for organizing such information. To order contact: See Above 'Environmental Costs and Liabilities: Accounting and Financial Reporting Issues (CICA Research Report) This 1993 report of a Study Group discusses information needs and presents proposals and positions on accounting for and reporting on environmental issues. To order contact: See Above 'Environmental Stewardship: Management, Accountability and the Role of Chartered Accountants, The Canadian Institute of Chartered Accountants (CICA) The CICA Board of Governors accepted this 1993 report as providing guidance to the profession. To order contact: See Above 'Accounting for the Environment (Management Accounting Issues Paper 1), The Society of Management Accountants of Canada This 1992 issues paper identifies some of the key issues in accounting for the environment and offers some guidelines on improving environmental accountability; it also addresses the role of the management accountant in developing an environmental agenda and designing appropriate performance measures to monitor its implementation. (Cost $9.00) To order contact: The Society of Management Accountants of Canada (SMAC) 120 King Street West, Suite 850 P.O. Box 176 Hamilton, Ontario CANADA, L8N 3C3 (905) 525-4100 SMAC Direct Order Line 1-800-263-7622 Background Discussion of Total Cost Accounting Within Petroleum Operations This four page paper developed by the American Petroleum Institute's Pollution Prevention Task Force explains the importance of total cost accounting concepts for the petroleum industry and suggests types of costs that should be included in project evaluations. To order contact: Pollution Prevention Information Clearinghouse (PPIC) EPA Headquarters Library 401 M Street, SW 3404 Washington, D.C. 20460 Phone: (202) 260-1023 Fax: (202) 260-0178 For more information an API's Activities contact: Barbara Bush American Petroleum Institute 1220 L Street, N.W. Washington, D.C. 20005 (202) 682-8325 * = XT«»«/ T ictino Do r ------- Revised June 94 4. FEDERAL GOVERNMENT, MILITARY, AND LOGISTICS APPLICATIONS Federal Government 'Creating a Government that Works Better and Costs Less: Reinventing Environmental Management, Accompanying Report to the National Performance Review, Vice President Al Gore (September 1993) This report of the National Performance review recommends among other things, that the Federal Government should " Improve Federal Decision Making Through Environmental Cost Accounting." To order contact: U.S. Government Printing Office Superintendent of Documents Mail Stop: SSOP Washington, DC 20402-9328 Phone: (202)783-3238 Military 'Environmental Costs: A New Element in Life Cycle Cost Estimates for DOD Acquisition Programs, A keynote address presented to the International Society of Parametric Analysts, 16th Annual Conference; June 2, 1994 By Michael R. Anderberg This presentation describes what DOD's, Office of Secretary of Defense is doing to assure the significant costs of environmental effects are reflected in life cycle cost estimates for major defense acquisition. To order contact: Office of Secretary of Defense Program Analysis and Evaluation 1800 Defense Pentagon Washington, D.C. 20301-1800 Phone: (703)697-0317 'Pollution Prevention in the Department of Defense, Andres Tails and Christopher P. Werle This 1993 report provides an overview of pollution prevention programs across the DoD components, identifies pollution prevention opportunities for DoD, and concludes with ten recommendations. To order contact: Logistics Management Institute 6400 Goldsboro Road Bethesda, MD 20817-5886 (301) 320-2000 Logistics 'Logistics Spectrum—Journal of the Society of Logistics Engineers Volume 27, Issue 2, (Summer 1993) Special Issue: New Directions in Logistics. First all environmental issue of this quarterly. To order contact: Logistics Spectrum SOLE International Headquarters 8100 Professional Place, Suite 211 Hyattsville, MD 20785 Member Subscription: Annual membership dues include a $10 yearly subscription Nonmember Subscription: $50 U.S.; $60 all others * = = New Listing ------- Revised June 94 'SOLEtter: The Newsletter of the Society of Logistics Engineers Membership dues include $6 yearly subscription fee. To order contact: The Society of Logistics Engineers SOLE International Headquarters 8100 Professional Place, Suite 211 Hyattsville, MD 20785 5. FINANCIAL AND ECONOMIC ANALYSIS A Primer for Financial Analysis of Pollution Prevention Projects (EPA/600/R-93-059) Introduces the time value of money concept into analysis of pollution prevention investments To order contact: The Center for Environmental Research Information (CERI) 26 West Martin Luther King Drive Cincinnati, OH 45628 Phone: (513) 569-7562 Fax: (513) 569-7566 Cost Analysis for Pollution Prevention This four page document, published by the Washington State Department of Ecology, describes a simple hand calculation to complete the net present value of a pollution prevention investment. It contains step- by-step directions. (R-HWTR-93-129) To order contact: Peggy Morgan Washington State Department of Ecology P.O. Box 47600 Olympia, WA 98504-7600 Phone: (206) 407 6739 (for information) (206) 407-6746 (for ordering) 6. NATIONAL ENVIRONMENTAL ACCOUNTING 'Integrated Environmental and Economic Accounting, United Nations This 1993 handbook's objective is to provide a basis for linking conventional economic accounts with environmental and natural resource accounts. Sales No.:E.93.XVII.12 (Cost $45.00 plus $3.50 shipping and handling) Must be pre-paid. UN accepts Visa, MC, AMEX. To order contact: United Nations Sales Section Room DC2-0853, Dept. 600 2 United Nations Plaza New York, New York 10017 Tel.: (212)963-8302 Fax No.: (212)963-4116 * = MPU/ T i«rino ------- Revised June 94 7. POLLUTION PREVENTION Facility Guide for Pollution Prevention (EPA-600-R-92-008) An EPA Guide to setting up an effective corporate pollution prevention program, (see Chapter 6 for a discussion of Total Cost Assessment Concepts) To order contact: The Center for Environmental Research Information (CERI) 26 West Martin Luther King Drive Cincinnati, OH 45628 Phone: (513) 569-7562 Fax: (513) 569-7566 Waste Minimization Guidance, Interim Final Guidance to Hazardous Waste Generators on a Waste Minimization "Program in Place" This guidance recommends improved environmental accounting practices as pan of a successful Waste Minimization Program. 8. To order contact: QUALITY COSTS Becky Cuthbertson: Office of Solid Waste (703) 308-8447 or RCRA Hotline 1-800-424-9346 TDD 1-800-553-7642 'Current Trends in Cost of Quality: Linking the Cost of Quality and Continuous Improvement, John Hawley Atkinson, Jr., Gregory Hohner, Barry Mundt, Richard B. Troxel, William Winchell (Cost $35.00; 91259) This 1991 successor study to a 1987 report on Cost of Quality analyzes four case studies and discusses the tactics and techniques required to convert an organization to a continuous quality improvement philosophy. To order contact: Institute of Management Accountants 10 Paragon Drive Montvale, NJ 07645-1760 (201) 573-9000 FAX (201) 573-0639 * = New Listing Pa OP 8 ------- |