Sompayrac, Joanie; Trussel, John; Evans, Randy
University of Tennessee at Chattanooga
Place of Publication
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.
I would like to acknowledge my director, Dr. Marilyn Willis for providing her guidance and support throughout the process.
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.
Contingencies in finance -- Accounting; Liability for environmental damages
Sauser, Colleen M., "A review of the accounting treatment for contingencies arising from environmental issues" (2015). Honors Theses.