Circular Economy and Management Accounting: Insights from Brazil

Abstract

This paper explores the intersection of circular economy principles and management accounting practices in Brazil. It investigates how organizations can incorporate circular economy strategies into their accounting frameworks to enhance sustainability. The research employs a qualitative approach, conducting interviews with industry experts and practitioners. Findings reveal that integrating circular economy principles leads to improved resource efficiency and waste reduction. The study identifies key challenges, including the need for stakeholder collaboration and changes in traditional accounting practices. It proposes a conceptual framework for aligning management accounting with circular economy strategies, emphasizing the importance of innovation and adaptability. This research contributes to the understanding of sustainable accounting practices in the context of the circular economy.