ACTY 3990 - Sustainability Accounting

This course provides students with an understanding of how accounting information and reporting is essential for sustainable operations. Accounting information forms the basis for evaluating the ability of an organization to address current business needs, successfully develop a long-term strategy and manage risk for all products, systems, supply chains, and processes to preserve resources for future generations. Topics covered may include: financial statements understanding and analysis; short-term budgeting and control for economic sustainability; evaluation of sustainable projects using capital budgeting techniques, considering potential tax credits and externality costs; short-term sustainable decision making; mandatory accounting and reporting of environmental contingencies; activity based and life cycle costing of sustainable operations. Conventional cost and managerial accounting concepts are discussed, with a focus on sustainability issues.

Prerequisites & Corequisites: Prerequisites: Junior standing or instructor approval; MATH 1100 and STAT 3660 with a minimum grade of “C” or better in any prerequisite.

Credits: 3 hours

Notes: Not for accounting credit.