Green Accounting in India
Journal: International Journal of Trend in Scientific Research and Development (Vol.5, No. 6)Publication Date: 2021-10-01
Authors : Sumit Trivedi;
Page : 899-901
Keywords : Green Accounting; Ecological Balance; Environmental Resources; Accounting principles;
Abstract
Green accounting is a new system in accounting that records the costs and benefits provided by the ecosystem for a business concern. Green accounting or environmental accounting is a new challenge of accounting system. Environmental resources are invaluable natural resources of a county like India there is an urgent need to maintain accounts of such resources. Economic development without environmental considerations brings about environmental crises and damages the quality of everyday life. Environmental issues have motivated the development of a distinctive branch of accounting called, “Green accounting''. Implementing Green accounting is one of the key areas of corporate social responsibility today. In their business activities, companies incorporate the concept of the environmental element. This paper presents a simple framework regarding green accounting. The present paper aims to study the objectives, benefits as well as limitations of green accounting. The paper also provides insights regarding green accounting in India. Dr. Sumit Trivedi "Green Accounting in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47534.pdf Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/47534/green-accounting-in-india/dr-sumit-trivedi
Other Latest Articles
- An Empirical Study of Workplace Environment with Special Reference to Employee Engagement, Work Productivity and Performance in Manufacturing Industries
- Gynecological and Nutritional Risk Factors for Female Infertility
- Correlation between Terms of 5G Networks, IoT and D2D Communication
- To Study, Analysis and Implementation of Power Quality Improvement Using DSTATCOM with ANN Back Propagation Algorithm
- Corporate Social Responsibility Reporting on Performance of Oil and Gas Companies in Nigeria
Last modified: 2022-02-28 18:57:42