Objectives and Importance of Green Accounting System in India

Environmental Changes are a global problem which requires a global solution. It has potential to slow our economic growth. The Green Accounting term was first introduced into common usage by economist and Professor Peter Wood in the 1980s.The green accounting provides information about the use, impact, status, and value of natural resources in a country. The Green accounting system is considered one of the important management systems to enable improvement of economic and environmental performance of a business firm. In this article, I am trying to explain its meaning, objectives and importance of Green Accounting System. Prof. Piyush. M. Modi "Objectives and Importance of Green Accounting System in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29201.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/29201/objectives-and-importance-of-green-accounting-system-in-india/prof-piyush-m-modi