Environmental Accounting in India :An Overview

Abstract

Today, an increasing number of companies and other organization will Participation in environmental Management as part of their Management as part of their management strategies to specify measures to address environmental problems and to carry out environmental 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 organizations. The disclosure of environmental accounting data as one of the key elements in an environmental report allows the parties that use information to understand the company`s position regarding environmental conservation and how specifically address 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 cost and benefits that the ecosystem provides to a company. Environmental accounting or green accounting is a new challenge to the accounting system. The presents research work focuses on exploring the concept of environmental accounting.