Project Director

Willis, Marilyn

Department Examiner

Sompayrac, Joanie; Trussel, John; Evans, Randy

Department

Dept. of Accounting

Publisher

University of Tennessee at Chattanooga

Place of Publication

Chattanooga (Tenn.)

Abstract

The purpose of this project is to review the U.S. GAAP treatment of issues arising from environmental contingencies. This review consists of accounting literature and pronouncements issued by the FASB and SEC as well as environmental legislation, most notably CERCLA. The results of this review showed that the accounting industry has been one step behind environmental legislation and continues in its endeavor to provide financial statement users with useful information.

Acknowledgments

I would like to acknowledge my director, Dr. Marilyn Willis for providing her guidance and support throughout the process.

Degree

B. S.; An honors thesis submitted to the faculty of the University of Tennessee at Chattanooga in partial fulfillment of the requirements of the degree of Bachelor of Science.

Date

5-2015

Subject

Contingencies in finance -- Accounting; Liability for environmental damages

Keyword

environmental contingencies; environmental remediation; environmental liability

Discipline

Accounting

Document Type

Theses

Extent

35 leaves

Language

English

Rights

Under copyright.

License

http://creativecommons.org/licenses/by-nc-nd/3.0/

Included in

Accounting Commons

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