Emerging trend in financial accounting - Green Accounting

Dr. Dhara Shah , Ms. Anisha Modi

Green accounting, corporate social responsibility

Green accounting is a contemporary issue in financial accounting. This paper focuses to identify the current trends in green accounting. It also emphasizes on the people’s perception regarding green accounting. It was found that most of the respondents felt there is a need of moving towards green accounting and that all the enterprises should start adopting green accounting. It has been observed that India has taken a step forward towards quantifying green accounting. So this might help us to eliminate the problem of non-quantification of green accounting. It is corporate social responsibility for all the enterprises to adopt green accounting. Biggest challenge of environmental accounting and reporting is that it lacks economic value. There is no benchmark or standard method for calculating the value of environmental products. Exclusive accounting standard for environmental accounting is not mentioned. Exempting certain industries it is not a legal obligation to report environmental accounting. No company or industry data is available which would indicate the number of companies reporting environmental accounting. So it becomes a challenge for all of us.

Published Paper   E-Certificate

"Emerging trend in financial accounting - Green Accounting", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.4, Issue 4, page no.268 - 272, April-2019, Available :https://ijsdr.org/papers/IJSDR1904059.pdf

Volume 4 Issue 4, April-2019

Pages : 268 - 272

Paper Reg. ID: IJSDR_190407

Published Paper Id: IJSDR1904059

Downloads: 000347149

Research Area: Engineering

Country: -, -, -

Published Paper PDF: https://ijsdr.org/papers/IJSDR1904059

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR1904059

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition