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Start Over Author "Souchik A" Journal boston college environmental affairs law review
2 results on '"Souchik A"'

1. Accounting for Emissions Trading: How Allowances Appear on Financial Statements Could Influence the Effectiveness of Programs to Curb Pollution

Author

Souchik, Laura E, Souchik, Laura E, Souchik, Laura E, and Souchik, Laura E

Abstract

Cap-and-trade programs to curb carbon emissions frequently rely on the use of tradable emissions credits known as “allowances.” To date, companies' presentations of their usage of these allowances on their financial statements has not been uniform. Cap-and-trade programs will be most effective when presentation of allowances on financial statements is standardized, since all companies will be forced to be transparent about their methods of compliance with carbon emissions trading systems. Therefore, the Financial Accounting Standards Board and the International Accounting Standards Board should implement standards for the presentation of allowances on companies’ financial statements.

Published
2012

2. ACCOUNTING FOR EMISSIONS TRADING: HOW ALLOWANCES APPEAR ON FINANCIAL STATEMENTS COULD INFLUENCE THE EFFECTIVENESS OF PROGRAMS TO CURB POLLUTION.

Author

Souchik, Laura E.

Subjects
*FINANCIAL statements, *INTERNATIONAL accounting standards, *ACCOUNTING standards, *EMISSION control, *CARBON dioxide mitigation, *EMISSIONS trading, *LEGAL compliance, *ENVIRONMENTAL law
Abstract

Cap-and-trade programs to curb carbon emissions frequently rely on the use of tradable emissions credits known as "allowances." To date, companies' presentations of their usage of these allowances on their financial statements has not been uniform. Cap-and-trade programs will be most effective when presentation of allowances on financial statements is standardized, since all companies will be forced to be transparent about their methods of compliance with carbon emissions trading systems. Therefore, the Financial Accounting Standards Board and the International Accounting Standards Board should implement standards for the presentation of allowances on companies' financial statements. [ABSTRACT FROM AUTHOR]

Published
2012

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