The model of environmental accounting and auditing as a factor in increasing the efficiency of management decisions at industrial enterprises in the Republic of Kazakhstan

Abstract

The relevance of the study is conditioned by the fact that the model of environmental accounting and auditing formed in the state can have a significant impact on the financial results of industrial enterprises. Within the framework of the sustainable development goals, environmental issues have come to the forefront and affect all countries in the global community. Consequently, accounting for the costs and benefits of environmental measures is crucial information on environmental activities. The purpose of the study is to investigate the environmental accounting and auditing model of the Republic of Kazakhstan and its impact on management decisions of business entities engaged in activities related to the impact on the environment. The leading method for studying this issue is the empirical one, namely, examining the practice of applying the principles of environmental accounting and auditing, as well as replicable methodology. The study establishes that an effective environmental accounting and auditing system can not only help a company to justify its costs and taxes effectively, but also to obtain certain benefits from the state related to stimulating environmental protection activities. In the Republic of Kazakhstan, the system of environmental accounting and auditing has just begun to take shape, and the model is not yet fully formed. The legal and regulatory framework, the system of control and incentives for law enforcement, and the system of environmental accounting and auditing continue to be developed.