Accounting for the cost of occupational accidents

Occupational accidents are a substantial expense to society and individual companies. This loss of value could be avoided by preventing occupational accidents from happening. When focusing on accident prevention, an extra incentive for managers could be to illustrate the actual financial consequence...

Full description

Saved in:
Bibliographic Details
Published in:Corporate social-responsibility and environmental management 2004-06, Vol.11 (2), p.63-70
Main Author: Rikhardsson, Pall M.
Format: Article
Language:English
Subjects:
Accident prevention
Accounting systems
Control systems
Cost analysis
Costs
Employees
GNP
Gross National Product
Management accounting
Occupational accidents
Occupational safety
Quality of life
Sick leave
Social responsibility
Society
Working conditions
Working hours
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Occupational accidents are a substantial expense to society and individual companies. This loss of value could be avoided by preventing occupational accidents from happening. When focusing on accident prevention, an extra incentive for managers could be to illustrate the actual financial consequences for the company. This, however, presents some challenges due to the current set‐up of many management accounting systems. The paper explores these issues in the context of the Systematic Accident Cost Analysis (SACA) project, which was carried out during 2001 by The Aarhus School of Business and PricewaterhouseCoopers Denmark with financial support from The Danish National Working Environment Authority. It focused on developing and testing a method for the evaluation of the occupational costs and how this might be linked to management accounting and control systems. Copyright © 2004 John Wiley & Sons, Ltd and ERP Environment.
ISSN:1535-3958
1535-3966
DOI:10.1002/csr.52