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About Environmental Accounting - Necessity in This Dynamic Business Environment Debayan Ray
1) The document discusses the importance of environmental accounting in today's dynamic business environment. Issues like environmental degradation, pollution, and increased regulation require businesses to consider their environmental and social impacts. 2) Environmental accounting helps integrate environmental impacts into key business decisions like capital budgeting, product design, and performance evaluation. It also allows businesses to measure investments in environmental conservation and comply with accountability to stakeholders. 3) The literature review establishes that environmental accounting supports rational decision making, boosts public trust, and helps businesses adapt to environmental regulations and social reporting requirements. It is a tool that can help balance environmental protection with economic development.
Detailed Information
Author: | ['mahi upadhyay'] |
---|---|
Publication Year: | 2019 |
Pages: | 22 |
Language: | English |
Format: | |
Price: | FREE |
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