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Every generation has faced the challenge of protecting the environment. Despite this, human beings are nonetheless to blame for environmental harm. As a result of environmental damage in the form of water, air, sound, soil depletion, and deforestation, among other things, we might conclude that our planet is in danger. Constructing businesses for this type of deterioration is necessary.
This could be due to a variety of factors, including the growth of the economy. Not only can environmental deterioration have a negative impact on economic efficiency, but it also has negative effects on the environment, and both economic progress and personal well-being are dependent on it essential. As a result, environmental accounting is critical in achieving a healthy equilibrium between enhancing both economic output and environmental well-being Green accounting is a new type of accounting that tracks both the expenses and the benefits of a company's activities.
Ecosystem-related advantages for businesses. Environmental accounting is another term for green accounting Green It is possible to discuss the harm caused by corporate activity and its benefits through accounting or environmental accounting.
It comes straight from nature. The current therefore seeks to shed light on the notion and significance of green accounting. given the current situation. There are a number of unanswered questions about green accounting that the study is attempting to answer. to raise public awareness of environmental issues, environmental accounting is employed, with the goal of environment. Several articles on the topic of green accounting were examined as in current time. Additionally, the study aims to demonstrate the findings. balance between the three pillars of accounting: financial, social responsibility, and environmental environmental preservation and economic growth
Keywords:
Ecosystem, Ecology, Green accounting, Economic Development, Social Responsibility accounting,
Cite Article:
"GREEN ACCOUNTING: A STUDY OF CONCEPT AND ITS CRITICALITY", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.8, Issue 3, page no.234 - 236, March-2023, Available :http://www.ijrti.org/papers/IJRTI2303038.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator