A book for higher educational institutions, in which accounting principles and ESG are fully integrated
The necessity is growing
The pressure on organisations to transition to a circular business model is growing rapidly. Legislation and regulations are becoming stricter, consumers are demanding sustainability, and the scarcity of raw materials is forcing action. Traditional accounting principles fall short in this regard; they were designed for a linear economy in which depreciation and impairment are central, with no regard for reuse or ecological value.
What is Circular Accounting?
Circular Accounting (CA) redefines how we measure and report value. It is an innovative method that integrates environmental and social impact into financial reporting. By directly linking residual value, material cycles and environmental impact to strategic decision-making, CA enables organisations to make truly sustainable and future-proof choices.
From linear to circular
The transition from a one-off value chain to a regenerative, multi-cycle system. Discover how materials, capital and data are reused.
Goods / Materials
The financial flow
Information
LINEAR (Take - Make - Waste)
Produce
Sales
Use
Disposal
CIRCULAR (With Multiple Values)
Produce
Sales
Use
Return
Inspection
reuse
New Cycle
Why is this relevant?
- Better decision-making through integrated management information
- Future value immediately and transparently visible
- In-depth understanding of circular economy obligations and risks
- Greater financial resilience for investors, banks and corporates
The BILLY case
How do you transform a global furniture icon into a circular business model? Using the iconic BILLY bookcase as an example, we compare the traditional linear sales model with a future-proof circular model. By combining clever modular design with an innovative residual value index, a sound business case emerges that guarantees both environmental and financial benefits.
What does the book reveal?
- The methodology behind sustainable accounting
- The Billy case: a practical cost analysis
- Link to the annual accounts and CSRD reporting
- A critical look at current accounting rules
Who is it for?
- Accountants & Controllers
- CFOs & Finance Directors
- Investors & Banks
- Corporates & Organisations
- Researchers & Students
Would you like to find out more or have a chat?
Please contact Dr Diane Zandee RC directly regarding presentations, guest lectures or consultancy services.
info@koruconsulting.nl
+31 (0)35-234 39 09
Circular Accounting makes circular value visible in the accounting language.