This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

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.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.