ACCOUNTING FOR WASTE GENERATED IN ENTREPRENEURIAL ACTIVITY: AN EMPIRICAL OBSERVATION IN COMPANIES LOCATED IN BELO HORIZONTE

Abstract

Knowing that the professionals are still reluctant to work with environmental accounting because of the lack of regulatory framework, the objective of this research proposes to identify how firms located in Belo Horizonte, the capital of the Brazilian state of Minas Gerais, are accounting for the various types of waste from their business activity. As a research methodology, was approached a descriptive survey as procedure and using a quantitative approach as the data collected. Based on the application of a questionnaire in 26 companies, it was found initially that 58% of companies do not perform the accounting and financial management of waste, because they understand that there is no need to apply in their company. It was verified that, even among the authors, there is still divergence of opinion with regard to the method of accounting of waste. Considering the companies in the sample, compared to the perception of the consulted authors, in most cases there was an agreement of opinions in accounting for certain types of waste. This demonstrates that the accounting rules and principles can be applied in operational and financial management of waste generating strategic information that can be used for managerial decision-making based on corporate environmental responsibility.