Adeel Maqbool
Faculty of Commerce & Management,
Integral University, Lucknow (India)
Email ID: [email protected],
Waqar Ahmad
Departments of Business and Management,
FASE, Tishk International University – Erbil, Kurdistan
Email ID: [email protected]
DOI: 10.23918/ICABEP2023p39
Abstract:
The protection of the environment has always been a major concern. Environment destruction is still a result of human activity. Observing how the environment is being destroyed, especially as a result of several types of pollution, such as water, air, soil erosion, and deforestation, etc. Developing industries for economic growth would be another factor in these forms of degradation. The requirement for economic development and human health quality is equally crucial, and environmental degradation not only reduces economic production but also disrupts the environment. In order to achieve a balance between economic production and environmental conservation, environmental accounting is therefore crucial. A new accounting method known as “sustainable accounting” tracks costs and is provided to business concerns by the environment. Accounting for the environment is another name for sustainable or green accounting. A tool for expressing the harm caused by commercial activity and the advantage of the natural environment is green accounting. In light of this, the present research would like to discuss the idea of sustainable accounting and its significance in the current environment. Additionally, in order to raise awareness of sustainable accounting and environmental accounting and to place more focus on environmental conservation and protection, the study will also attempt to examine ever-more-unknown aspects of these topics. Several publications on the sustainable accounting system were evaluated in the current. The study also tries to demonstrate the value of financial accounting, corporate social responsibility, and green accounting in achieving the twin goals of environmental protection and economic growth.
Keywords: Sustainability accounting, Green Accounting, reporting, sustainable development; society; environment
ICABEP2023
5th International Conference on Accounting, Business, Economics and Politics
Organized by
Tishk International University, College of Administration and Economics, Salahaddin University-Erbil, and
University of Szczecin, Poland.
