Abstract:
Environmental reporting is becoming more and more common in business since most
companies are aware ofthat environment as a business issue and it makes good business
sense and positive public relations. Thus, companies are voluntarily motivated to
produce environmental reporting. Sri Lanka as a developing country which has less
physical and natural resources it is very important to make proper management over
these resources in order to achieve a sustainable development in the country irrespective
the controllership of resources. Tlierefore, accountants' contribution as an information
provider is very important to make proper management over environmental issues of
the firm. However, recent research on environmental reporting says that environmental
reporting in Sri Lanka and contribution of accountantsfor successful environmental
management is inadequate. Thus, this study attempts to examine accountant s attitudes
on environmental reporting in Sri Lanka. A survey and inten'iews are used in data
collection. The Institute of Chartered Accountants of Sri Lanka (IACS) circulated
sur\>ey instruments among its members in late 2004. Finally, 48 useful responses were
received. A dditionally ten members of the LA CS were randomly selected and inten'iewed
them to get their feedback on environmental reporting. Study found that although,
accountants ha\!e understood the significance of environmental disclosures their
contribution for implement to disclosures of such information is low. Because of
environmental reporting in Sri Lanka is still a voluntary requirement.
