GREEN ACCOUNTING: A WAY TO SUSTAINABLE DEVELOPMENT IN INDIA

This paper discloses concerning green accounting: how to sustainable development in Republic of India. The green Accounting term was 1st introduced into usual utilization by social scientist and academician Peter Wood within the 1980s. green accounting may be a term utilized in the sector of accounting that measures the environmental and natural resources accounting, that tends to include the natural and environmental assets of the firm and it’s resources. Environmental accounting may be a combination of all environmental prices into the company's monetary statements and its necessary to hold out sustainable development as a result of it should plan to ending its social and environmental responsibilities. It makes an attempt to herald the environmental prices of the firm into the finances of the operations of the firm. green accounting may be a new system of accounting that records prices and edges rendered by the eco system to concern. green accounting is additionally called environmental accounting . green accounting or surroundings accounting may be a tool to specific the injury from the business activities and also the edges derived from the natural surroundings. therefore the gift would love to throw its light-weight on the idea of inexperienced accounting and its sustainability within the present situation. And additionally the study would try and explore additional and additional unknown things concerning green accounting or surroundings accounting to make awareness concerning it and thereby giving stress on conservation and protection of environment. the current reviewed some articles written on green method of accounting. The study additionally tries to indicate the importance of economic accounting, company social responsibility accounting and also the green accounting in balanced positive accomplishment of surroundings protection and economic development.

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Keywords: Green Accounting, Environmental Accounting, National Accounting, National Wealth, Social Responsibility Accounting, Sustainability, Natural Resources.


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