International Journal of Applied Research
Vol. 4, Issue 12, Part C (2018)
Environmental accounting: A conceptual study
Sujith TS and Julie CD
Today, an increasing number of companies and other organizations will participate in environmental management as part of their management strategies to specify measures to address environmental problems and to carry out environmental conservation activities internally. Environmental accounting is a tool to complement environmental management. Environmental accounting data are not only used by companies internally, but is also made public through disclosure in environmental reports of the companies or other organistions. The disclosure of environmental accounting data as one of the key elements in an environmental report allows the parties that use this information to understand the company's position regarding environmental conservation and how it specifically addresses environmental problems. The quantitative management of environmental conservation activities is an effective way to achieve and maintain good business management. Environmental accounting is a new accounting system that records the costs and benefits that the ecosystem provides to a company. Environmental accounting or green accounting is a new challenge to the accounting system. The present research work focuses on exploring the concept of environmental accounting.
How to cite this article:
Sujith TS and Julie CD. Environmental accounting: A conceptual study. International Journal of Applied Research. 2018; 4(12): 147-149.