Enterprise Environmental Management Innovation and Resource Flow Accounting under a Recycling Economy

It is difficult to adapt traditional accounting system to an enterprise's environmental management systems. Environmental accounting emphasizes resource outputs and environmental pollution. Equally, resource and environmental science ignores value accounting. But Resource Flow Accounting (RFA) defines the resource values in the following terms: (1) effective values, (2) value losses, (3) environmental damage values and (4) value added. It formats a site diagnosis model which defines the "internal value loss-external environmental damage", and it can provide decision-making for environmental management and an enterprise's sustainable development in a recycling economy.