Abstract:
During the past two decades
environmental
reporting
has received
increasing
attention in the literatures of accounting,
business management
and
environmental
law. Recent surveys on environmental
reporting suggest that, although the reporting
of firms'
impacts on the physical
environment
has dramatically
increased
the
existing environmental
reporting is found deficient and not of a standard to satisfy
the information
needs of various groups of report users. Tliis study involves an
evaluating of existing environmental
reporting practices
of private sector
business
organizations
in Sri Lanka.
The published annual reports for the financial year
1998/99 of randomly selected 123 quoted public companies
in Sri Lanka
were
reviewed. Study found tliat, existing environmental
reporting practices in Sri Lanka
is very narrow and does not provide material information
to users of financial
information.
