Accounting for carbon

Published on: 25 Jun 2012

From 1 July 2012 approximately 500 of Australia’s largest companies will be liable for the carbon price of A$23 per tonne of carbon dioxide equivalent (CO2 – e) emitted by those facilities which trigger a threshold of 25,000 tonnes of covered CO2 – e emissions.

This publication from Deloitte (Australia) discusses the Australian carbon pricing mechanism due to commence from 1 July 2012, its key impacts and the resultant accounting issues.

The document covers the following issues:

  • Available accounting treatments
  • Impacts on the financial statement audit post 1 July 2012
  • Mandatory emission audit requirements for 30 June 2013.


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