REPORTING OF RECLAMATION COSTS FOR ENVIRONMENTAL ACCOUNTING

Today, businesses tend to share information about their environmental uses in order to fulfill their legal responsibilities and gain competitive advantage. Particularly in sectors such as mining, where the activities interact directly with the environment as consequence, sharing of information on environmental use has become compulsory. However, in recent years, many studies have been carried out to minimize environmental damage and legal regulations have been developed by goverments. “The Regulation of Rehabilitation of Land Damaged by Mining Activities”, which is related to the Environmental Law No. 2872, is one of these regulations. With this regulation, the importance of the concept of reclamation has begun to be emphasized. Reclamation is defined as "rehabilitation of the areas where mining activities are carried out to the nature for the post-use of these activities". In this study, reclamation costs, also known as rehabilitation, recultivation and restoration, are held in terms of environmental accounting and it is aimed to explain the regulations that accounting standards bring about these reclamation costs. In line with this purpose, firstly information about mining activities and reclamation was given and then with an example, the accounting of reclamation costs within the framework of accounting standards were tried to be explained