Accounting Best Practices for the Circular Economy and Product-as-a-Service Models

Let’s be honest. The old accounting playbook—the one built for a world of “make, sell, forget”—is starting to fray at the seams. It’s just not built for a world where a company retains ownership of a product for its entire life, or where waste is designed out of the system entirely. That’s the shift we’re seeing with the circular economy and its powerful engine, the Product-as-a-Service (PaaS) model. For finance teams, this isn’t just a sustainability trend. It’s a fundamental rewire of revenue streams, asset management, and cost recognition. The…

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