ABSTRACT
The Corporate Environmental Accounting System (CEAS) provides corporate management as well as governmental authorities with a comprehensive assessment system of the annual environmental effects of a corporation's regular business activities. The goal orientation of accounting is illustrated in the progress achieved in macro-accounting as a result of the depression of the 1930's and the subsequent efforts to improve control over the economy. First, the company measures its environmentally relevant inputs and outputs in physical units. Second, by multiplying these amounts with the corresponding Equivalent Factors and by adding up the resulting CEAS-units, a sum is obtained which reflects the total environmental impact produced by a company's business activities during one year. The CEAS has to be linked to a system of quotas by which each company is given a certain sum of CEAS-units every year.
