Authors : Katarina Culkova, Eva Manova and Adriana Csikosova
Abstract: One of the ways how to make successful business is use its available resources efficiently. One of the ways is creation of reserves from activities of the company. The present study analyzes environmental commitments of the company’s activities and creation of reserves for waste dumping in manufacturing company. Contribution provides detailed analysis of the hazardous waste dumping. There was made calculations of liabilities and reserves creation for the dump according to Slovak accounting standards versus US GAAP in accordance with IFRS international standards. The calculations have been made for 4 years and at the end results had been compared. The results served for suggestion to place storage of hazardous waste to dumping and to try to recycle hazardous waste. By this way volume of reserve and liabilities can be decreased and influence profit of the company.
Katarina Culkova, Eva Manova and Adriana Csikosova, 2016. Reserves for Waste Dumping in Manufacturing Company. International Business Management, 10: 659-666.