Since the Industrial Revolution, the rapid development of economy and the destruction of resources and environment have threatened the environmental basis on which human beings depend. As a result, the idea of circular economy was first put forward in the United States in the 1960s. Human beings pay more and more attention to the harm caused by the wanton destruction of nature and abuse of resources in order to gain profits, especially the adverse impact of business operations on the environment. For enterprises, traditional accounting has obvious defects in assessing and disclosing environmental information. However, environmental accounting based on sustainable development theory, environmental resource value theory and economic externality theory makes it possible to make up for the current accounting function. This paper will elaborate the relevant theoretical basis of environmental management accounting, take some enterprises in China as samples, and analyze the existing problems and reasons of environmental management accounting information in China from two aspects of national system and enterprise disclosure practice, so as to promote the sustainable and circular development of enterprises and even our country.
Key words: environmental management accounting; circular economy; sustainable development
